Final Transition Tax Regulations Issued
The Treasury and IRS have issued final regulations for determining
the inclusion under Code Sec. 965 of a U.S. shareholder
of a foreign corporation with post-1986 accumulated deferred
How Do I? Write Off Bad Business Debts
A business with a significant amount of receivables should evaluate
whether some of them may be written off as business bad debts. A
business taxpayer may deduct business bad debts if the receivable
Estimated tax: Getting it right
Estimated tax is used to pay tax on income that is not subject to
withholding or if not enough tax is being withheld from a person's
salary, pension or other income. Income not subject to withholding
“Aligning with a firm that shares our commitment to know and understand our clients is critical to our success,” says Barbara J. Gottlieb, Laffer & Gottlieb partner. “We’re not a ‘check the box’ organization. We take care to understand the person across the table from us, and put together a plan to move forward and resolve issues.”
Since 1982 Laffer & Gottlieb has offered a full range of financial and accounting services with an emphasis on civil litigation, white collar criminal defense, and tax controversy. Top litigation, tax, and business law firms choose the Laffer & Gottlieb team for their extensive experience and commitment to client service.
“The issues our clients face are complex,” says Martin G. Laffer, Laffer & Gottlieb partner. “We understand what it takes to be successful, and we constantly develop our capabilities in order to help clients meet challenges head on. It’s not a job, it’s a purpose.”
“We expect that our past successes as a niche practice will continue as we join forces with CLA,” continues Laffer. “The breadth and depth of our resources will be multiplied by the CLA team’s talent. We look forward to this new chapter in our professional careers.”
CLA’s approach to business has grown out of a passion for the businesses in our communities and a deep concern for the people who make them run.
“We’re driven to create opportunities,” says Larry Taylor, CLA chief practice officer, Southwest region. “We uncover personal, financial, and business goals, and work together to bring those goals to life. Barbara and Marty’s team deepens our experience and strengthens our ability to make a difference for our clients.”
As one of the nation’s leading professional services firms, named to Accounting Today’s top eight firms, CLA has retained the agility to serve clients of all sizes and in all locations, while at the same time bringing an unparalleled depth of capabilities, all in one place.
Laffer & Gottlieb will continue to serve clients locally and nationally from CLA’s Century City office beginning on May 30.
CLA is a professional services firm delivering integrated wealth advisory, outsourcing, and public accounting capabilities to help clients succeed professionally and personally. Our team members are immersed in the industries they serve and have deep knowledge of their operating and regulatory environments. With more than 5,400 people, more than 110 U.S. locations, and a global affiliation, we bring a wide array of services to help clients in all markets, foreign and domestic. For more information, visit CLAconnect.com. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.