Four new hires joined Wright Ford Young & Co. in the month of June. Jonathan Smeragliuolo joined our Tax Department. Stephen Bruette, Mona Karimipour, and Eric Rueger joined our Audit Department. WFY is excited to have these new hires join our team. Jonathan Smeragliuolo Jonathan Smeragliuolo joined our Tax Department as our newest Tax Director. He’s been in accounting for 10 years and has worked at various firms. Jonathan’s experience includes many different sectors, but he mainly works with clients in real estate, manufacturing, and professional services. During his free time, he enjoys spending time with his fiancé, family, and
Read More
Monthly Archives June 2022
Key Take-Aways from 2022 AICPA & CIMA Employee Benefit Plans Conference
By Jennifer Haddad, CPA Audit Partner, ERISA Plan Audits Audit Director Every year, Wright Ford Young & Co. attends the annual AICPA & CIMA Employee Benefit Plans Conference. The multi-day conference includes a comprehensive lineup of sessions, delivered by top regulators and expert practitioners. Sessions at the conference include topics such as the new Employee Benefit Plan audit standard (AU-C Section 703), common operational errors, a DOL and IRS regulatory update, and prohibited transactions. The information gathered from the conference does not just benefit us, as the auditors, but is also informative for the Plan Sponsors we work with.
Read More
Interns Join Audit Department for WFY Summer Internship Program
Wright Ford Young & Co. welcomed four new interns to our team in May: Fayze Hindi, Elizabeth Gieser, Chenal Assady, and Brooke McMurtry. These interns will be joining our audit department for our summer internship program. We are thrilled to introduce these new hires to our WFY team. Fayze Hindi In May, Fayze Hindi joined our audit department as an Audit Intern. She’s currently a senior at Whittier College studying for her degree in Business Administration and minoring in Economics and Computer Science. Fayze plans on continuing her education at USC with a Master’s degree in Accounting. In her spare
Read More
Top Considerations for June 15 CA Passthrough Payment Deadline
Richard A. Huffman, CPA, MST Tax Partner The June 15 deadline is approaching for the mandatory prepayment of the 2022 California passthrough entity elective tax workaround deposit. Important details to consider are as follows: Benefit By electing to pay the taxpayers California tax at the entity level, the federal itemized deduction state and local $10,000 cap is circumvented thus allowing additional federal tax deductions for state taxes paid. However, the California law has many requirements and nuances that must be followed and considered to make sure the taxpayer will benefit from the entity tax election. Required minimum payment amount
Read More
Industry News and Newsletter and Updates.
accounting, accounting firm, business, ca, california, certified public accountants, cpa, cpa firm, firm, irvine, newsletter, oc, orange county, passthrough entity, pte, southern california, tax, tax deadline, tax firm, taxation, taxes, wfy, wright ford young, and wright ford young & co.
accounting, accounting firm, business, ca, california, certified public accountants, cpa, cpa firm, firm, irvine, newsletter, oc, orange county, passthrough entity, pte, southern california, tax, tax deadline, tax firm, taxation, taxes, wfy, wright ford young, and wright ford young & co.