October 2023
A Refresher on the Trust Fund Recovery Penalty for Business Owners and Executives
One might assume the term “trust fund recovery penalty” has something to do with estate planning. It’s important for business owners and executives to know better. In point of fact, the trust fund recovery penalty relates [...]
The Tax Implications of Renting Out a Vacation Home
Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains or in a resort area, you may want to rent it [...]
How IRS Auditors Learn About Your Business Industry
Ever wonder how IRS examiners know about different industries so they can audit various businesses? They generally do research about specific industries and issues on tax returns by using IRS Audit Techniques Guides (ATGs). A [...]
Important Reminder on Mandatory e-Pay and S-Corporation Pass-Through Entity Tax
We hope this message finds you well. As we navigate through the financial year, we would like to draw your attention to some significant updates from the California Franchise Tax Board (FTB) that might impact [...]
Important Reminder for 2022 & 2023 Deferred Tax Payments Due to California Flood Relief
As a friendly reminder, please note that for California residents who took advantage of the tax payment deferral provided by California flood relief, the deferred tax payment deadline is approaching on October 16th. For those [...]
Best Place to Work in the North Bay: Thank You!
Thank you for your continued support and trust in Linkenheimer LLP CPAs and Advisors. We are thrilled to announce that we have been named one of the Best Places to Work in the North Bay [...]