Crawford Pimentel Corporation

12/04/2024

https://www.crawfordpimentel.com/blog/irs-highlights-increased-risk-of-scams-during-holiday-season/

As the holiday season approaches, the IRS and its Security Summit partners issued a timely warning to taxpayers, with a special emphasis on employers and payroll professionals, about the increased risk of scams and identity theft. This alert comes as part of the ninth annual National Tax Security Aw...

06/26/2024

https://www.crawfordpimentel.com/blog/tax-consequences-of-ira-transfer-bonuses/

Recently, various investing apps such as Robinhood, SoFi, and Webull have begun offering bonuses to individuals who transfer their individual retirement account (IRA) to them. The bonuses are generally based on a percentage of the amount transferred. The percentages tend to range between 1% and 3.5%...

06/26/2024

https://www.crawfordpimentel.com/blog/california-llc-tax-litigation-update/

A California superior court has certified a class action suit that will stop the FTB from erroneously imposing the $800 annual/minimum tax on many out-of-state entities. The affected entities are LLCs, LP’s and corporations that were passive investors in LLCs doing business in California but were ...

01/12/2023

https://www.crawfordpimentel.com/uncategorized/irs-provides-tax-relief-to-california-storm-victims/

by Amber Stevenson The IRS has provided disaster tax relief to victims of California storms that began on January 8, 2023. According to the IRS, storm victims who live or have a business in the disaster area now have until May 15, 2023, to file various federal individual and business tax returns and...

11/21/2021

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