Navolio & Tallman LLP is very proud and excited to announce the admission of Celia Lau and Stephanie P. Ringrose to the partnership, effective January 1, 2020. Celia spent the first 5 years of her career working with high-net-worth individuals and real estate clients at Deloitte Tax LLP in San Francisco before joining Navolio & […]
Newsletters
Navolio & Tallman LLP Welcomes A New Partner
Navolio & Tallman LLP is very proud and pleased to announce the admission of Jeffrey C. Messerschmidt to the Navolio & Tallman LLP partnership, effective January 1, 2018. Jeffrey has been with the firm for over 8 years. He works closely with the firm’s business and individual clients across a range of industries, including real […]
Navolio & Tallman LLP Recognized by Accounting Today as a Top 100 Best Accounting Firm to Work For
Press Release SAN FRANCISCO, CA — San Francisco accounting firm Navolio & Tallman LLP has been named one of Accounting Today’s 2017 Best Accounting Firms to Work For in recognition of its excellence in creating a quality workplace for its employees. The national survey and recognition program, which is conducted in partnership with Best Companies […]
Navolio & Tallman LLP Welcomes Two New Partners
Navolio & Tallman LLP is pleased to announce that we have expanded our firm and enhanced our capabilities with the addition of Thomas J. Parry and Stanley M. Tolle as partners effective July 1, 2017. We will continue to operate the firm as Navolio & Tallman LLP. Our firm is always looking for ways to […]
Year-End Planning for 2016
With 2016 nearing an end and a new president set to take office next year, now is the time to consider actions you can still take to maximize your tax savings for the year. There are many options available based on your unique tax situation, but here are a few interesting strategies to consider: Planning […]
Tangible Property Regulations Effective Tax Year 2014
Background Historically, regulations have been unclear with interpreting when an expenditure made with respect to tangible property may be deducted as a repair expense or must be capitalized as an improvement and depreciated over time. In an attempt to clarify the rules, the IRS has finalized mandatory regulations, commonly referred to as the “repair regulations”, […]
Announcing New Industry Service Line
As you may know, the Public Company Accounting Oversight Board (“PCAOB”) has authority over the financial statement audits of public companies and broker-dealers. CPA firms performing audits of public companies and/or broker-dealers are required to be registered with and subject to inspection by the PCAOB. In addition, registered investment advisors (“RIA”) with custody (or deemed […]
Congress Approves Key Tax Extenders for 2014
Today, the President signed into law the Tax Increase Prevention Act of 2014 (“the extenders bill”), which retroactively extends for one year (through 2014) most but not all of the “tax extenders” that had expired after 2013. The key provisions that were extended through December 31, 2014 include: 50% bonus depreciation on new business assets […]
Year-End Planning for 2014
With the end of 2014 quickly approaching, now is the time to consider actions you can still take to minimize your taxes. There are many options available based on your unique tax situation, but here are a few interesting ones to consider: Donate to the California College Access Tax Credit Fund – A new California […]
Potential Tax Traps for Partnerships and LLCs – Short Years and Late Filing Penalties
When a partnership (or LLC taxed as a partnership) terminates, the taxable year of the partnership ends on the date of termination, and a final income tax return is due within three and a half months from that date. As the PENALTIES FOR LATE FILING CAN BE SEVERE, it is critical for partnerships to recognize […]