For the second year in a row, Wright Ford Young & Co. will be the Title Sponsor for Veterans Legal Institute’s annual Lawyers for Warriors Event. For years, Veterans Legal Institute has been providing pro bono legal assistance to homeless, at risk, disabled and low income current and former service members to eradicate barriers to housing, healthcare, education, and employment and foster self-sufficiency. Their core values are outreach, compassion, quality, leadership, and empowerment – values that fall in line with WFY’s values. The Lawyers for Warriors Networking & Fundraising Event is a way to honor hero advocates who have contributed
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Archives for Newsletter and Updates
Six New Hires Join WFY Team
Wright Ford Young & Co. is proud to announce we are adding six new hires to our team. We have Cheryl Shelton joining our estates & trusts department, and Brody Alcanter, Marzeh Khanjari, Rajbir Singh, Linh Trinh and Diane Waxler-Milne joining our tax department. WFY is pleased to welcome these new hires to our team. Cheryl Shelton In January, Cheryl Shelton started with WFY as an Estates & Trusts Supervisor in our estates & trusts department. She graduated from Cal State Fullerton and continued her education at Western State Law School. Cheryl has worked in accounting for over 15 years.
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Company News and Newsletter and Updates.
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accountant, accountants, accounting, business, ca, california, certified public accountants, cpa, cpa firm, estates, firm, irvine, new hires, oc, orange county, tax, tax firm, tax law, tax planning, taxation, taxes, trusts, wfy, wright ford young, and wright ford young & co.
WFY’s 2019 Charitable Contributions
For over 12 years, Wright Ford Young & Co. has made it a priority to contribute to many non-profits locally and nationally. Since 2007, WFY has been helping to give back by donating 1% of our gross revenues each year to charities as a way to help improve the lives of those around us and those less fortunate. We have donated over $1,253,000 since the program’s formation. In 2019, WFY made donations to over 20 non-profit organizations – our biggest number of charities to date. We would like to thank all the organizations for everything they do and how much
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Changes with 2020 Payroll Tax and Standard Auto Mileage Rate
Bonnie Thompson Accountant Beginning January 1, 2020, the following changes go into effect for the withholding of payroll taxes and reimbursement of auto mileage: SOCIAL SECURITY The wage base for withholding social security tax has increased to $137,700 The social security tax rate will be 6.2% for both employers and employees for a maximum expense of $8537.40 For Medicare, the rate is still 1.45% each for employers and employees with no limit this year. Continuing in 2020 employees earning in excess of $200,000 will be subject to a mandatory additional 0.9% Medicare tax withholding regardless of their individual tax
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WFY Donates Items to Orangewood Foundation’s Holiday Gift Drive
It’s a time for giving and WFY has done just that. This holiday season, WFY collected dozens of gifts to be donated to Orangewood Foundation’s annual Holiday Gift Drive. For every holiday season, the Orangewood Foundation collects items off a wish list they curated to help young adults transition from the foster system into independent adulthood. Items such as pillows, cooking utensils, portable chargers, etc. are gathered by dozens of people each year. This gift drive helps prevent the ongoing cycle of homelessness with young adults in the Orange County area which many experience in their lifetime. WFY makes an
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NYCM Runner Sabrina Reguero Raises Money for Team for Kids
At Wright Ford Young & Co., we are proud to support our community whether it’s locally or nationally. Sabrina Reguero, the daughter of WFY’s tax director Melodie Reguero, decided to run for a cause at the New York City Marathon on Sunday November 3rd. The marathon course started from Staten Island and went all the way to Central Park in Manhattan. Sabrina ran the 26.2 mile marathon in 5 hours and 7 minutes. She raised approximately $3,000 for the organization Team for Kids on her behalf, almost $400 more than her required minimum. WFY and its employees generously contributed to
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Tax Director Melodie Reguero on Tax Planning at Bruin Professionals
On Wednesday, November 20th, our WFY Tax Director Melodie Reguero presented at the Orange County Bruin Professionals meeting. Ms. Melodie Reguero spoke on tips about year-end tax planning along with Cheryl Gee from UBS. Year-end tax planning is especially critical this time of year to proactively reduce a taxpayer’s risk exposure and tax liability before the new year. If you are interested in tips about year-end tax planning, read our article on Year-End Tax Saving Moves for Individuals. Reguero regularly attends Bruin Professionals meetings, which is diverse group of UCLA alumni who are established in business. The group focuses on
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Proud Sponsor of the OCCF’s 30th Anniversary Annual Meeting
Wright Ford Young & Co. was proud to be a Gold Partner sponsor of the Orange County Community Foundation’s 30th Annual Meeting at the Hotel Irvine on November 20th. Over 730 attendees shared in the inspirational tributes and recognized success of the OCCF’s philanthropic impact on Orange County individuals, families, and businesses over the last three decades. The Wright Ford Young & Co. colleagues and guests who joined the celebration were Bob Wright, Dean Smith, Andy Bautista, Richard Huffman, Janet Kim, Albert Yang, Darin Schott, Carissa DeLuca and Brad Weber. To find out more about OCCF, click here.
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What is the California Consumer Privacy Act (CCPA)?
The California Consumer Privacy Act (CCPA) will start on January 1st, 2020, and will affect more than 1,000,000 businesses in California. The following shows a basic understanding of CCPA and what it’s about.
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Meeting with Congressman Kevin Brady
Wright Ford Young & Co. partners Richard Huffman and Hani Sharestan met congressman Kevin Brady, the main architect of the recent tax law changes TCJA, and had the opportunity to discuss tax policy and the economy. Congressman Brady shared successes and opportunities resulting from the various tax reduction measures but emphasized that more challenges are ahead.
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