Tax Tip: Job Search Expenses May Lower Your Taxes

7/29/13

Summer is often a time when people make major life decisions. Common events include buying a home, getting married or changing jobs. If you’re looking for a new job in your same line of work, you may be able to claim a tax deduction for some of your job hunting expenses. Here are seven things...

Read More

Tax Tip: Simplified Option for Home Office Deduction

7/29/13

Do you work from home? If so, you may be familiar with the home office deduction, available for taxpayers who use their home for business. Beginning this year, there is a new, simpler option to figure the business use of your home. This simplified option does not change the rules for who may...

Read More

Credit Officers Discuss Challenges to Community Banking

7/12/13

The Orange County Chapter of the Risk Management Association (OC RMA) held a panel discussion featuring credit officers of three local community banks at the Pacific Club in Newport Beach on May 29. Panel participants included Anne Williams of California United Bank, Bob Sullivan of First Bank and...

Read More

Tax Tip: College Tax Benefits

7/12/13

The Internal Revenue Service reminded parents and students that now is a good time to see if they qualify for either of two college education tax credits or any of several other education-related tax benefits. In general, the American opportunity tax credit, lifetime learning credit and tuition...

Read More

Obama Administration Delays Employer Mandate for Affordable Care Act

7/12/13

The Internal Revenue Service has delayed the employer mandate provision and information reporting requirements of the Affordable Care Act for one year. The decision allows larger employers additional time to comply with the law. The requirements will now begin in January 2015 for employers with...

Read More