VanderbiltDear Friends: On July 4, 2025, President Donald Trump signed the nearly-900-page One Big Beautiful Bill Act, which includes 250 pages of tax provisions. It’s complicated. And, there are varying reports of many of the details available in print and online. While there are dozens of items in the bill, this letter highlights the major […]
Dear Clients and Friends, We want to bring to your attention some important updates to the CalSavers Retirement Savings Program that will take effect in 2025. These changes may impact your business if you operate in California and do not already offer a qualified retirement plan to your employees. Key Changes in 2025: 1. Lowered […]
Vanderbilt CPAs is excited to announce Piper Magallanes as our newest shareholder and Director of Accounting Services! Since before the doors opened in 2011, Piper has been an essential part of Vanderbilt CPAs taking on a leadership role directly aiding in the initial growth and realization of the firm. From day one, she has engaged […]
Dear Clients and Colleagues, The Corporate Transparency Act was enacted by Congress in 2021 and became effective January 1, 2024 for corporations and limited liability companies with some limited exceptions. We refer you to your business attorney and www.fincen.gov/boi for details, but here are the highlights as we understand them. First, the following warning excerpted from the […]
If you have an IRS Payment due on 10/16 and plan to pay online, this applies to you:It has come to our attention that the “IRS Direct Pay won’t accept more than two payments within a 24-hour period”. Click here for IRS Website Information.If you have multiple payments to make, please be sure to process […]
UPDATED 6.12.23 To read the IRS Tweet in reply to the erroneous letter sent to taxpayers CLICK HERE Dear Clients and Friends,Some of you that have already filed your 2022 tax returns and have a balance due may have received a notice from the IRS requesting payment earlier than the 10/16/23 date noted on the filing […]
It is with great sadness that we share the passing of our beloved office pup, Stiggy “The Shredder” Negrete. Also known as Mr. Stiggs, Stiggy-pants and the Stig-meister. Stiggy was adopted by his hooman family in October 2016 and quickly became a pup of legends on the Vanderbilt CPA’s team helping to keep their stress […]
UPDATED 6.7.23 What are the affected Counties?All Counties in California EXCEPT FOR: LASSEN More information on SHASTA & MODOC county due dates can be found HERE Below information was last UPDATED 3.3.23 Dear Clients and Friends, IRS and the FTB have agreed to postpone all filing and payment deadlines for taxpayers in affected California counties […]
Vanderbilt CPAs is excited to announce Carmine Lepiane as our newest shareholder and Chief Operating Officer! Carmine truly fell in love with tax at Vanderbilt CPAs and has been vital in the growth and success of the firm since he joined this dynamic team in 2014. From his first day he has worked hands on […]