Rohm and Rohm CPAs

CPA team based out of Orange County, CA. We're dedicated to serving individuals and businesses with trusted accounting and advisory support!

[IRS Tax Pros @IRStaxpros]

#IRS has announced it will temporarily allow the use of digital signatures on certain forms to reduce in-person contact and lessen contact risks during the COVID-19 pandemic: https://t.co/GpOwNWgia1 #COVIDreliefIRS

[CalCPA @Cal_CPA]

In today's Daily Clips, #accounting’s thought leaders predict how the profession can expect to successfully emerge from the crisis.| https://t.co/nUhfineedL

[Rohm and Rohm CPAs @RohmandRohmCPAs]

If you own IP, include it in your estate plan: https://t.co/WOq6PhMUoY

[Rohm and Rohm CPAs @RohmandRohmCPAs]

When must your business file IRS Form 8300?: https://t.co/XyPretvXNM

[Rohm and Rohm CPAs @RohmandRohmCPAs]

If you own IP, include it in your estate plan: https://t.co/cvKdV57SSP

[Rohm and Rohm CPAs @RohmandRohmCPAs]

4 new law changes that may affect your retirement plan: If you save for retirement with an IRA or other plan, you'll be interested to know that Congress recently passed a law that makes significant modifications to these accounts. The SECURE Act, which ... https://t.co/69klYwgGKu

[Rohm and Rohm CPAs @RohmandRohmCPAs]

Congress gives a holiday gift in the form of favorable tax provisions: As part of a year-end budget bill, Congress just passed a package of tax provisions that will provide savings for some taxpayers. The White House has announced that President Trump ... https://t.co/s9uZmXPu4I

[Rohm and Rohm CPAs @RohmandRohmCPAs]

New law helps businesses make their employees' retirement secure: A significant law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small business has a current plan for employees or if you're t ... https://t.co/tz7mVQTQC7

[Rohm and Rohm CPAs @RohmandRohmCPAs]

Nondeductible IRA contributions require careful tracking: If, like many people, your traditional IRA holds a mixture of deductible (after-tax) and nondeductible (pretax) contributions, it's important to track your contributions carefully to avoid doubl ... https://t.co/FmV7YWSATf

[Rohm and Rohm CPAs @RohmandRohmCPAs]

Qualified Opportunity Funds: A new weapon in the estate planning arsenal: The Tax Cuts and Jobs Act created a new program to encourage investment in economically distressed areas through generous tax incentives. The Qualified Opportunity Zone (QOZ) pro ... https://t.co/0uRv40wrTC

[Rohm and Rohm CPAs @RohmandRohmCPAs]

New law provides a variety of tax breaks to businesses and employers: While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag of provisions that provide tax relief to businesses and employers. The “F ... https://t.co/a0ETuHr0BU

[Rohm and Rohm CPAs @RohmandRohmCPAs]

Wayfair revisited — It's time to review your sales tax obligations: In its 2018 decision in South Dakota v. Wayfair, the U.S. Supreme Court upheld South Dakota's “economic nexus” statute, expanding the power of states to collect sales tax from remote s ... https://t.co/bWePSbqUgt

[Rohm and Rohm CPAs @RohmandRohmCPAs]

Is it time to change employee performance reviews?: https://t.co/0CgzRBoazp

[Rohm and Rohm CPAs @RohmandRohmCPAs]

Your home office expenses may be tax deductible: Technology has made it easier to work from home so lots of people now commute each morning to an office down the hall. However, just because you have a home office space doesn't mean you can deduct expen ... https://t.co/5fVw3dK3m9

[Rohm and Rohm CPAs @RohmandRohmCPAs]

3 last-minute tips that may help trim your tax bill: If you're starting to fret about your 2019 tax bill, there's good news — you may still have time to reduce your liability. Three strategies are available that may help you cut your taxes before year- ... https://t.co/JyqT0OCU2Y

[IRSnews @IRSnews]

#IRS has issued the 2020 optional standard mileage rates of operating an automobile for business, charitable, medical or moving purposes. https://t.co/ITelz1ICT6

[Rohm and Rohm CPAs @RohmandRohmCPAs]

This is no time to procrastinate! If you have young children and haven’t named a guardian for them, putting off this decision is risky. https://t.co/Z0XZFsnw2Z

[Rohm and Rohm CPAs @RohmandRohmCPAs]

Adopting a child? Bring home tax savings with your bundle of joy: If you're adopting a child, or you adopted one this year, there may be significant tax benefits available to offset the expenses. For 2019, adoptive parents may be able to claim a nonref ... https://t.co/J7ccLg9H07

[Rohm and Rohm CPAs @RohmandRohmCPAs]

You may wonder if you can get a tax break for medical and dental expenses, as well as prescription drugs. Here’s what it takes and how you might be able to benefit by moving certain expenses into 2019. https://t.co/dJn15E3bKd

[Rohm and Rohm CPAs @RohmandRohmCPAs]

Holiday parties and gifts can help show your appreciation and provide tax breaks: With Thanksgiving behind us, the holiday season is in full swing. At this time of year, your business may want to show its gratitude to employees and customers by giving ... https://t.co/1zIEZWVgxv