Blog - Linkenheimer LLP CPAs & Advisors

An Afternoon Volunteering at Chop’s Teen Club

A few of us from Linkenheimer spent a couple hours at Chop’s Teen Club in Santa Rosa last week. We came to paint, clean and help support a local non-profit that is shaping future generations in Sonoma County.

The Chairs

The chairs we refreshed weren’t new. They came from Lena’s, the restaurant that operated in that building for roughly 30 years, before it became Chops. Before Lena’s, the site was the Battaglia Hotel, back in the 1890s.

So these chairs have a history. They held people on anniversary dinners, first dates, ordinary Friday nights. Decades of them.

Now they hold teenagers. Kids learning to cook in the teaching kitchen, record a track in the music studio, play basketball in the gym, or just sit somewhere safe and figure out who they’re becoming.

Same chairs. Whole new reason to exist. We spent the afternoon getting them ready for another year with the teens.

The Place

Chop’s Teen Club exists because of one man. Charles “Chop” DeMeo was a local attorney who grew up here without […]

By Linkenheimer LLP|2026-07-01T14:14:46+00:00July 1st, 2026|Community|0 Comments

Behind on Bookkeeping? Here’s How to Get Back on Track

Running a business requires juggling countless responsibilities. Not surprisingly, bookkeeping tasks often end up on the bottom of to-do lists. The good news is that falling behind doesn’t necessarily mean your financial records are beyond repair. With a disciplined approach and the right support, you can regain control.

Recognize the issue

Many business owners don’t realize how far behind they’ve fallen until they need, for example, to file a tax return or complete a loan application. Take notice if you:

Haven’t reconciled bank and credit card accounts in months,
Have unfiled tax returns or unanswered tax notices,
Are missing receipts or have incomplete expense records,
Are uncertain about cash flow or profitability,
Can’t generate accurate, timely financial reports, or
Spend significant time searching for basic financial information.

If these issues sound familiar, you’re not alone. Growing businesses often outpace the systems and processes that once worked well. Acknowledging the problem is the first step toward solving it.

Start with the basics

When recordkeeping lags and you try to catch up, it’s tempting to focus on everything at once. A more effective approach is to prioritize the essentials, starting with key financial documents. First, gather bank and […]

By Linkenheimer LLP|2026-06-18T20:49:01+00:00June 18th, 2026|business|0 Comments

Demystifying Like-Kind Exchanges

If you’re a real estate developer or a small business owner who owns commercial real estate, you might be thinking about selling a property. If it has appreciated significantly, a Section 1031 like-kind exchange may allow you to defer tax on some or all of the gain. With this transaction, you exchange one property for another qualifying property rather than sell the property outright. You generally don’t pay tax on the gain on the relinquished property until you sell the replacement property.

You may be familiar with the basics of a Sec. 1031 exchange, but you might not understand all the rules and restrictions. Here are four common myths to be aware of so you can avoid missing planning opportunities or facing unexpected taxes.

Myth 1: The replacement property must be identical to the property you give up

The definition of like-kind property is surprisingly broad. To qualify for Sec. 1031 exchange treatment, you may exchange any real property held for investment or productive use in your trade or business (relinquished property) for like-kind investment, trade or business real property (replacement property).

For these purposes, most real property is considered like-kind with other real property. […]

By Linkenheimer LLP|2026-06-16T14:24:30+00:00June 16th, 2026|1031, business, capital gains, real estate, tax planning|0 Comments

A New Chapter, the Same Mission: Linkenheimer’s 2026 El Salvador Eye Care Trip

For nearly two decades, “the gift of vision” has been woven into who we are. It started back in 2007 with our first eye care trips to the Rio San Juan region of Nicaragua — a partnership that started with John Jones and the Santa Rosa Sunrise Rotary and over the years, tested tens of thousands of people, dispensed countless pairs of glasses, and even helped build a permanent surgery center for a region of 40,000 people who had no other access to medical care. It became one of the proudest traditions in our firm’s 90-plus year history.

This May, that mission found a new home.

A team from Linkenheimer spent eight days in El Salvador, with three and a half days of it deep in the rural highlands outside Ataco in the small town of Apaneca — coffee country, tucked into the mountains, beautiful and remote and severely underserved. We came to do the work we know and love: helping people see clearly, often for the first time in their lives.

The Work

The numbers tell part of the story. Over the course of our time there, our team tested more than 1,500 patients and handed out 1,500 pairs of prescription […]

By Linkenheimer LLP|2026-06-10T14:06:34+00:00June 10th, 2026|Community|0 Comments

June 15 Is Coming. Here’s What’s Due.

June 15 doesn’t get the same attention as April 15, and that’s exactly why it catches people off guard. It’s a quieter deadline, but it’s a real one — and for most taxpayers it comes down to one thing: estimated tax payments. Whether you file as an individual or run a business, here’s what may be landing on the 15th.

Q2 Estimated Tax Payments (Individuals)

If you pay estimated taxes, your second quarter payment is due June 15.

How to pay: IRS Direct Pay at irs.gov is free and processes immediately.

California note: The state payment is also due June 15. California estimated tax payments go through the FTB’s Web Pay at ftb.ca.gov/pay.

Estimated Tax Payments (Businesses)

Your entity may owe an estimated payment too. C corporations make federal and California estimated tax payments in installments through the year, and the next one is due June 15. California S corporations also make an estimated payment toward the state’s 1.5% franchise tax (minimum $800) on the same date. Federal payments go through EFTPS; California payments go through […]

By Linkenheimer LLP|2026-06-16T14:51:23+00:00June 2nd, 2026|business, tax, tax deadlines, tax planning|0 Comments