In recognition of recent gasoline price increases, the IRS has increased the standard mileage rate for the final 6 months of 2022. The standard mileage rate for business travel will be 62.5 cents per mile, up 4 cents from the… Read More
California Governor Gavin Newsom has signed a new law, SB 113, enhancing tax benefits to qualifying pass-through entities (PTEs). The new law builds on the tax benefits made available in July 2021 through AB 150. The original AB 150 law… Read More
The accounting firm Lavine, Lofgren, Morris & Engelberg, LLP is proud to announce that Jeff Ewan has been promoted to partner. Jeff has extensive experience providing tax services to individuals and a wide range of closely-held businesses, including multistate entities. He… Read More
The accounting firm Lavine, Lofgren, Morris & Engelberg, LLP announces that Matt Lundgren has joined the firm as a tax manager. Matt is a CPA with seven years of experience providing tax and accounting services. Prior to joining LLME, he… Read More
LLME announces the promotions of Rodolfo (Rudy) Mercado, Jr. and Remington Mosey to the position of tax manager and Amanda Tazbaz to audit manager. Rudy has been with the firm since 2016 and has experience providing a wide range of… Read More
By Andy Nguyen, CPA It’s an understatement to say that the job market has changed because of the ongoing COVID-19 pandemic. While some industries have seen their demand plummet and customer base shrink compared to pre-pandemic times, others have had… Read More
California Assembly Bill 150 (AB 150) allows a pathway for pass-through entity owners to work around the $10,000 cap on state and local tax (SALT) deductions imposed by the 2017 Tax Cuts and Jobs Act. AB 150’s workaround, effective for… Read More
Lavine, Lofgren, Morris & Engelberg (LLME) is proud to announce that Michele Barrow, a tax partner with the firm, was recently named as one of San Diego’s Women of Influence by San Diego Metro Magazine. During the pandemic, with tax… Read More
The American Rescue Plan Act (ARPA) was signed into law on March 11, 2021. The new law will provide roughly $1.9 trillion in financial support to individuals, businesses, not-for-profit organizations, and state and local governments during the pandemic. Here are… Read More
On December 27, President Trump signed into law the Consolidated Appropriations Act of 2021 (CAA), which provides pandemic relief, as well as other tax and health-related provisions. The massive 5,500-plus page bill also contains other laws within it, including the COVID-Related… Read More