The IRS will not be sending copies of the new Form 1099-NEC, Non-employee Compensation, to California or any other state. (The IRS will continue to send all other Forms 1099 to the states.) As a result, businesses must send copies of Form...
Read more
Client: Wine producer and distributor Challenge: The client previously worked with a large accounting firm that failed to provide ongoing, strategic financial planning, resulting in the company paying unnecessary taxes. Strategy: Fineman West’s...
Read more
Client: A company looking to automate its production plant. Challenge: Our client wanted to buy a building to expand their operations, but their financial statements didn’t demonstrate to the banks that they should qualify for a substantial loan...
Read more
Challenge: Factoring agreements help improve the cash flow of companies that have slow-paying invoices. Typically, a factoring agency will temporarily finance receivables or “purchase” certain business assets for a fee, which provides the company...
Read more
We are pleased to announce our merger with long-standing accounting firm, Katz & Associates. The firm will continue as Fineman West. Joining our team of extraordinary professionals includes Stanley Katz, President of Katz & Associates...
Read more
The California Office of the Small Business Advocate will accept applications for the Small Business COVID-19 Relief Grant from small businesses impacted by COVID-19 between December 30, 2020 and January 8, 2021. $475 million in grants are...
Read more
We are pleased to announce the addition of Erin Shaheen to the Fineman West team as a Senior Tax Associate. Shaheen will handle compliance work and supplementary tax matters for clients, including preparing and reviewing corporate, partnership...
Read more
We are pleased to announce the addition of Adam Caswell to the Fineman West team. With nearly two decades of accounting and finance experience, Caswell will serve as the firm’s Director of Business Management. His core focus will be to grow...
Read moreJob opportunities for students and recent grads drastically vary based on the economy. Due to the COVID-19 crisis, numbers are expected to be altered even more. Partner Steve Jager participated on a panel of tax industry experts in a webinar...
Read more
A new administration is headed to the White House in January 2021. While a Biden win brings some clarity, the uncertain state of the Senate race leaves questions on what your tax planning strategy should be. In the webinar, “Post-Election Impact...
Read moreKnowing what to be prepared for when the IRS comes knocking on your door, managing client expectations and ensuring that Schedule C is the right form for you to use, are some of the best practices Partner Steve Jager discussed during a webinar...
Read more
Client: Home furnishings company Challenge: The new company was growing more quickly than their cash flow allowed, so they were interested in obtaining additional bank loans and/or lines of credit to facilitate their growth. Strategy: Fineman...
Read more