In the News

In the News

IRS Loses Third Captive Case

On September 21st, 2015 the U.S. Tax Court ruled in favor of an insurance company, R.V.I. Guaranty Co., Ltd. & Subsidiaries v. Commissioner. It is the third major captive insurance case ruled in favor of taxpayers within the last two years and it comes on the heels of...

Simplify to Innovate

Taking something complex and making it as simple as possible is an important aspect of innovation. To quote one of the great innovators of our time, Steve Jobs, “Simple can be harder than complex. You have to work hard to get your thinking clean to make it simple. But...

Upcoming Changes to Measurement

Confucius said, “Life is really simple, but we insist on making it complicated”. This truth can be said for the accounting profession and some of its related accounting pronouncements. With complex derivative instruments, hedging transactions, sharebased compensation,...

Accounting For Success

Manuel Ramirez knew what he wanted to focus on as soon as he earned his business degree: ” Working at an international accounting firm that would allow me the flexibility to obtain my masters in tax law.” Read More

Which Way For Wealthy?

First Foundation Inc. had no interest in expanding beyond California until last November. That’s when Proposition 30 passed, bringing a tax hike to households throughout the state with more than $250,000 in annual income. The increase wrought by the measure tops out...

International Tax Strategies – Reduce Your Tax Rate!

March 20, 2018 Microsoft is paying a 7 percent tax rate! How you ask? By utilizing some basic international tax strategies which might apply to you! The fact is, few large U.S. companies pay the standard U.S. corporate rate of 35 percent. Read More