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Monthly Archives: March 2023

Insights President Biden’s Proposed Budget Includes Notable Tax Provisions
March 17, 2023in Insights 0 Comments 0 Likes

President Biden’s Proposed Budget Includes Notable Tax Provisions

By Manny Ramirez and Fernando Jimenez President Biden has released his proposed budget for the federal government for the 2024 fiscal year. The budget, which aims to cut the deficit by

by Manny Ramirez and Fernando Jimenez
Insights U.S. Supreme Court Limits IRS Penalties for Not Reporting Foreign Accounts
March 15, 2023in Insights 0 Comments 0 Likes

U.S. Supreme Court Limits IRS Penalties for Not Reporting Foreign Accounts

By Manny Ramirez Last week, the U.S. Supreme Court limited the ability of the IRS to impose penalties on those who do not report foreign accounts. The Case & the

by Manny Ramirez
Insights Californians Impacted by Winter Storms Receive Extension to File Taxes
March 15, 2023in Insights 0 Comments 1 Likes

Californians Impacted by Winter Storms Receive Extension to File Taxes

By Fernando Jimenez The state of California is conforming with the IRS and extending the tax filing deadline for Californians affected by December and January winter storms. The extended deadline

by Fernando Jimenez
Insights Reading the Tea Leaves: Potential Tax Legislation in the New Congress
March 14, 2023in Insights 0 Comments 0 Likes

Reading the Tea Leaves: Potential Tax Legislation in the New Congress

By Fernando Jimenez The 2022 mid-term election has shifted the scales in Washington, D.C., with the Democrats no longer controlling both houses of Congress. While it remains to be seen

by Fernando Jimenez

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