Partner Profile: Erin Johnson

4/20/18
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Erin Johnson is a tax and advisory services partner. In this role, she manages client engagements, helps develop the staff and managers at the firm and provides clients with specific guidance on ways they can reduce their tax expense. In addition to her client work, she mentors staff and is...

Employee Benefit Plan Compliance Checklist for Plan Fiduciaries

4/19/18
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For plan executives, fiduciary awareness is critical. What you don't know can hurt your plan, your participants and you personally. Under the Employee Retirement Income Security Act of 1974 (ERISA), fiduciaries can be held personally liable for losses to a benefit plan incurred as a result of...

Tax Reform and a Fresh Look at Business Entity Selection

3/26/18
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To “C” or Not to “C?” As you know, sweeping tax reform was passed into law late last year. This legislation, known as The Tax Cuts and Jobs Act (TCJA), modified both C corporation and pass-through entity taxation. The pass-through provisions will generally be phased out in less than a...

Tax Reform and Planning Considerations for Small and Medium-Sized Businesses

3/12/18
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The recently enacted tax reform act has businesses and tax professionals scrambling to make sense of it all. Small and medium-sized businesses (SMBs), in particular, are working to understand the changes. As introduced by Congress, the changes are purported to be good for SMBs. However, experts are...

WNDE Names Six New Partners

3/08/18
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White Nelson Diehl Evans (WNDE) is pleased to announce that it has named six new partners: Jill Cohen, Michael Glaab, Erin Johnson, Jennifer Pugh, Kassie Radermacher and Christina Wenk. Jill Cohen is an audit and assurance partner who first came to WNDE as an intern in 1993. She has spent most...

Cash Receipts

Controls Over Cash Registers and Cash Receipts

3/08/18
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Material fraud can occur where employees have access to cash - either via a cash register or other cash transactions not handled through a cash register. In order to help prevent the theft or misappropriation of cash, noted below are some basic controls over cash registers and/or cash...

Partner Profile: Thomas Liu

3/08/18
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Thomas Liu is a tax partner who joined WNDE in 2018. He was born in Taiwan, and came to California at age 12. He was drawn to the accounting profession, he said, “because I like law, and I like to find ways to minimize taxes.” Thomas earned his B.S. in Business Economics from the...

Things to Know about the Taxpayer Bill of Rights

2/26/18
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In the summer of 2014, the IRS released a document known as the Taxpayer Bill of Rights. The IRS aggregated all of the rights that taxpayers are afforded under the tax code into this one document so that they could be more easily accessed and referenced. While this information has always been...

Tax Reform Changes Related to Real Estate

2/26/18
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The Tax Cuts and Jobs Act of 2017 includes many new changes that are relevant to taxpayers who own real estate or are involved in real estate related activities. The changes as outlined below relate to Individuals and Real Estate, Accelerated Depreciation, Recovery Periods for Real Estate, Section...

New Withholding Tables Released

2/14/18
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You may soon see an increase in your net check as a result of tax reform. The Tax Cuts and Jobs Act made a number of changes for 2018 that affect individual taxpayers, including an increase in the standard deduction, repeal of personal exemptions, a reduction in tax rates and widening of the...