Insights by Author: Abel Barragan

Expanded Sec. 152 for Dependents

September 10, 2019

The Tax Cuts and Jobs Act broadened the Child Tax Credit and introduced some big changes…

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The Impact of Tax Reform on Alimony

August 17, 2018

The Tax Cuts and Jobs Act has turned the tax code upside down on alimony, especially…

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IRS Releases 2018 Pension Plan Contribution Limits

December 21, 2017

A new year brings new changes. The Internal Revenue Service recently announced updated pension plan contribution…

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A New Twist on an Old Scam

September 28, 2017

As many are aware, tax scams are on the uptick. What you may not know is…

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Construction Companies Go Green

June 9, 2017

The construction industry has discovered that greening its energy sources with renewable energy initiatives is good…

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New Deadline and Increased Penalties for Forms 1099 and W-2

December 9, 2016

The IRS is getting stricter on filing deadlines for information returns and have increased penalties for…

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IRS Announces Various Tax Benefit Increases for 2016

December 29, 2015

For tax year 2016, the IRS recently announced many annual inflation adjustments. IRS Revenue Procedure 2015-53…

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President Signs IRS Reform Bill

On July 1, President Trump signed into law the bipartisan IRS reform bill, the Taxpayer First ...
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Not-for-Profits Now Benefit from GAAP Alternatives

The Financial Accounting Standards Board (FASB) recently announced that it will now extend two of its ...
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Retirement Withdrawal Strategies

Are you retired or thinking about it? That probably means you are preparing to transition from ...
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Cloud-Based Versus On-Premise Software

Last month we announced our newest partnership with Acumatica to offer cloud-based ERP software services. But ...
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Lingering Uncertainties Post Tax Season

Now that April 15 has come and gone, have all of our tax reform questions been ...
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Team Member Spotlight

Congratulations to BPW Partner Tracey Solomon and BPW Supervisor Tiffany Ann Goodall on their recent awards ...
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BPW Named Best Place to Work

We are proud to have earned the recognition of Central Coast Best Places to Work by ...
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IRS Audits Decline for Millionaires and Large Businesses

IRS audits of wealthy taxpayers and big business are on the downtick, reaching record lows in ...
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DOL Revisits Overtime Rule in Proposal

On March 7, the Department of Labor (DOL) released a proposed rule that would raise the ...
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IRS Released Safe Harbor Guidance for Vehicle Deductions

The IRS recently released a safe harbor method that harmonizes 100% bonus depreciation with the annual ...
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Tax-Savvy Retirement Planning

With over 70 million baby boomers in the United States, how many are celebrating their 65th ...
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What is Acumatica?

Nearly everyone has their head in the cloud these days—and for a good reason. Cloud-based ERP ...
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