Lindquist, von Husen & Joyce LLP.

  • About
    • Mission & Values
    • Leadership
    • BKR International
    • Our History
  • Services
    • Audit & Attestation
    • Tax
    • Business Advisory & Other Services
  • Expertise
    • Affordable Housing & Real Estate
    • Not-For-Profits
    • Individuals & Families
    • Closely Held Businesses
    • Client Success Stories
  • Resources
    • Blog
    • Tax Guide
  • News & Events
    • Firm News
    • Events
    • Industry News
  • Careers
    • Benefits
    • Professional Development
    • Life at LvHJ
    • Meet Our People
    • Open Positions
  • Contact
  • Client Portal

Client Portal

Forgot password?

Business Advisory Services

Due for an Audit? Identify Issues Sooner Not Later

May 20, 2022   |   Posted in: Affordable Housing, Business Advisory Services

Small Business Woman Making a Purchase

Surplus cash calculation and distribution is one of the most interesting parts of the financial statements of affordable housing entities. It determines the amount of residual cash available to make fees, distributions, ground leasing and deferred loan payments. Surplus cash distribution and the calculation itself are important to review during an audit because: Lenders, lessors, sponsors and investors eligible to receive surplus cash ... more

Employers: Register for the CalSavers Retirement Program

January 04, 2021   |   Posted in: Business Advisory Services, Individual Tax

The California State Treasurer’s office has begun sending email reminders to California employers to register for the CalSavers Retirement Savings Program (CalSavers). CalSavers was passed into law in 2016.  California employers with five or more employees, and at least one of whom is age 18 or over, are required by state law to participate in CalSavers if they do not offer an employer-sponsored retirement plan.   Employers are required to ... more

Webinar Round-Up: PPPFA Forgivable Loan Accounting

June 24, 2020   |   Posted in: Business Advisory Services, Tax Laws, Timely News

Partners S. Scott Seamands and Stanley Woo hosted our quarterly virtual affordable housing roundtable, along with our client Mutual Housing of California. We have hosted these quarterly roundtables since the early 1990’s but in the current environment the roundtables have become virtual meetings. This quarter we outlined the issues related to obtaining loan forgiveness and other aspects of the SBA Paycheck Protection Program (PPP). We also ... more

SBA Provides New Safe Harbor for PPP Loans, Extended Repayment Date

May 14, 2020   |   Posted in: Business Advisory Services, Not For Profit, Timely News

Ever since the Coronavirus Aid, Relief and Economic Security (CARES) Act introduced the Paycheck Protection Program (PPP) in late March 2020, the U.S. Small Business Administration (SBA) continues to release piecemeal guidance to the public.  One major concern for the borrowers is whether they had met the requirement that the loan was necessary, as borrowers not meeting the necessity requirement could be subject to fines and criminal ... more

CARES Act Key Tax Provisions for Individuals and Businesses

May 12, 2020   |   Posted in: Business Advisory Services, Tax Laws, Timely News

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020.  The CARES Act is a $2 trillion relief package aimed at providing relief to the American economy in combating the effects of the coronavirus pandemic.  While the CARES Act is not a tax relief measure, it does include provisions that center on tax relief to individuals and business owners.  Following are some of the more noteworthy tax provisions ... more

12 Days of Business Planning Before December 31

December 12, 2019   |   Posted in: Business Advisory Services

Before we know it, the new year will arrive. Rather than make resolutions, use the last few days of the year to take action on tax opportunities and business planning — bringing real benefits and results for your business.  Just to make it fun, we have come up with 12 days of year-end planning for your business. These tips may remind you to take action on business items you have ignored or delayed. Add these to your list, or contact LvHJ for ... more

Tax Reform Impact for Closely-held Businesses

September 26, 2019   |   Posted in: Business Advisory Services, Tax Laws

Woman and man discussing their small business at desk

When the 2017 Tax Cuts and Jobs Act (TCJA) went into effect, there were a lot of benefits for businesses and individuals in the area of corporate and personal taxes. Many new deductions were created for S-Corps and owners of pass-through entities. Along with the benefits, there is still a layer of complexity to the new tax laws that many privately held organizations are still working to understand and navigate. To complicate matters, this tax ... more

Tax Reform Updates 12/22/2017

December 22, 2017   |   Posted in: Business Advisory Services, Individual Tax, Tax Laws

Congress is enacting the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount of federal tax you will pay. Since most of the changes will go into effect next year, there's still a narrow window of time before year-end to soften or avoid the impact of crackdowns and to best position yourself for the tax breaks that may be ... more

Tax Reform Updates

December 15, 2017   |   Posted in: Business Advisory Services, Individual Tax

It seems we may be closer to revised tax law for the 2017 tax year. At this rate, floor votes may still happen prior to the holiday break. But rest assured that legislators will pore over the published tax bill before a vote. Proposed Changes The House & Senate Republican Conference Committee have agreed in principle to a consensus tax reform bill that reconciles the differences between the bills passed by the two legislative bodies. The ... more

Financial Literacy Programs Support Employee Retention

December 07, 2017   |   Posted in: Business Advisory Services

Financial Literacy Programs Support Employee Retention

Studies coming out this year about Americans’ financial literacy and savings rates show that employers could do a lot to improve the financial wellness of their employees — at minimal cost.  A survey of 1,000 adults this year by Bankrate.com showed that 31 percent of people now have emergency funds to cover six months or more of expenses, the highest percentage since Bankrate started the survey seven years ago. However, 32 percent of people age ... more


Recent Posts

  • 3 Tips to Help Your Board Members Succeed
  • Due for an Audit? Identify Issues Sooner Not Later
  • Update Your CTCAC Compliance Forms
  • 6 Ways Giving Back to the Community Can Enhance Your Life
  • How Public Speaking Can Advance Your Accounting Career

Categories

  • Affordable Housing
  • Business Advisory Services
  • Case Studies
  • Charitable Giving
  • Individual Tax
  • Not For Profit
  • Professional Development
  • Tax Laws
  • Timely News
  • Uncategorized

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • June 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017

Tags

Affordable Housing affordable housing financial statement audits Blog Blog Post board management California Careers charitable donations compensation major gifts Not for Profit Professional Development retirement planning succession tax Tax Credit Compliance tax reform

Connect with us on

  • About
  • Services
  • Expertise
  • Resources
  • News & Events
  • Careers
  • Contact
  • Client Portal
©2022 Lindquist, von Husen & Joyce LLP. All Rights Reserved.