A new reporting requirement for businesses, The Corporate Transparency Act, is officially in place with the potential for very high penalties. Do not ignore this legislative change—meet with your legal advisors as soon as possible to develop an action plan for the Beneficial Owner Information Reporting. This is part of the federal government’s anti-money laundering…
We are pleased to announce that Wiebe Hinton Hambalek, LLP has successfully completed its recent Peer Review process with the utmost distinction, receiving the highest level of commendation from the American Institute of Certified Public Accountants (AICPA). This accomplishment is a testament to our unwavering commitment to excellence and adherence to the highest standards of…
Published: October 16, 2023 November 16th New Tax Deadline For California Storm Counties On Monday, October 16th the IRS announced a further extension of time to November 16th for most California individual and business taxpayers. This is an automatic filing and payment penalty relief–you do not need to do anything to take advantage. The details…
If you are looking to take a few extra steps in order to prevent internal accounting fraud, then you may want to try dividing up tasks. First of all, accounting fraud can happen to anyone–even business owners who are smart, actively involved, and meticulous. Therefore, if it can happen to them, it can definitely happen…
Updated March 29, 2023 Do 1031 exchange dates qualify for disaster relief date extensions? The recent IRS announcement providing disaster relief for California residents in Affected Counties automatically extends certain due dates for 1031 exchanges to as late as October 16th, 2023. Any business or individual taxpayer that resides in an Affected County would qualify,…
Published: February 27, 2023. Updated April 11, 2023. October 16th New Tax Deadline For California Storm Counties On Friday, February 24th the IRS announced a further extension of time to October 16th (official announcement on IRS site here) for most California individual and business taxpayers to: File income tax returns Make income tax payments, including…
Small and medium-sized businesses are prone to internal accounting fraud for a number of reasons. In most cases, the reason these companies are at risk is that they have a one-person accounting department. Often times, these types of businesses lack the budget or simply don’t have enough work to necessitate hiring more accounting staff. The…
February 27, 2023 On Friday, February 24th the IRS announced a further extension of time to October 16th for most California individual and business taxpayers. Please click here to review the newest updates. January 12, 2023 On January 10th, the IRS has granted emergency relief for all taxpayers in various counties in California affected by…
We are happy to share that an anonymous donor has honored Robert Wiebe’s legacy with a $50,000 donation to establish the Robert Wiebe Accounting Scholarship at the Craig School of Business at California State University Fresno. The fund is open to additional contributions in memory of Robert and to help grow the local accounting field…
You (and your office) are invited to Oktoberfest! 4pm-7pm Thursday, October 27th 7090 N. Marks Ave, #104 Fresno, CA 93711 The WHH Oktoberfest is officially back to celebrate our 10th (in-person) harvest party! To commemorate one decade, we are going all out with a proper tented biergarten with three local breweries, yard games, berrocks and…