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 nearly $3 trillion over 10 years, includes numerous provisions that would affect the tax bills of both individuals and businesses. While most of these proposals stand little chance of enactment with a Republican […]
Have you bought stock in a company that later dropped in value? While you may prefer to forget such an ill-fated investment, at least you can claim a capital loss deduction on your tax return. Here are the rules that apply when a stock you own is sold at a loss or becomes completely worthless. […]
Those of us living and working in Los Angeles are fortunate to have access to an impressive and diverse selection of financial professionals. Congratulations, Alex Chernyak and Kami Cohen, on being honored by the Los Angeles Business Journal as Leaders of Influence: Minority CPAs!
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