Jeff B

About Jeff Belingheri

Jeff is a Partner at Bregante + Company LLP, providing tax, accounting and consulting services to closely held businesses and high net worth individuals throughout the greater San Francisco Bay Area.

2016 Tax Planning Guide

 

Our 2016/2017 Tax Planning Guide is now available. The election of a new President in addition to Republicans retaining control of Congress could result in significant changes in tax laws in the upcoming year.  Our online Tax Planning Guide will give you access to updated tax and financial planning information throughout the year as legislative changes are made. Feel free to forward it to friends and family who you think might find it interesting or helpful. We hope this guide will prove to be a convenient resource for you throughout the year.  Just a few of the topics covered in the guide are:

  • Changes to some business and individual tax filing deadlines effective in 2017
  • Tax planning for investments and net investment income tax
  • How […]

Tax Credits for Qualified Plug-In Electric Vehicles

Electric Car GettyImages-530338908 091516Passenger automobiles that are propelled solely or significantly by electric power have been in the news lately, thanks in part to the buzz surrounding the Tesla Model 3, an “economy” model set to be priced at $35,000 and available in late 2017 or early 2018.  Given all the recent media attention, this seemed like a good time to remind you that federal tax credits of up to $7,500 are still available to help offset the purchase price of electric vehicles.  The IRS has devoted a section of its website to explain how the credits work, and provide a list of all the manufacturers and models for which a credit is still available, including the current amount of the credit […]

By |July 15th, 2016|Categories: Individual Tax, IRS|Tags: , , |Comments Off on Tax Credits for Qualified Plug-In Electric Vehicles

Charitable IRA Distributions

Asset Allocation GettyImages-512058570 091516A little known but potentially powerful tool for the philanthropically inclined is the “qualifying charitable distribution” (QCD) from an Individual Retirement Account (IRA).  A QCD must be:

• From a traditional IRA or Roth IRA
• Transferred directly from the IRA Trustee to the charitable organization
• Made on or after the IRA owner has reached age 70 ½
• Contributed to a qualified charitable organization, as defined by IRC Section 170(b)(1)(a)

There are several tax benefits of QCDs, the most notable of which is that the distribution is not included in your Adjusted Gross Income (AGI).  This can provide a significant benefit over taking a distribution personally and then making a charitable contribution personally, which results in higher AGI and then (in […]

By |June 15th, 2016|Categories: BCo Community News|Tags: , , |Comments Off on Charitable IRA Distributions

BCo Partner Diana Sosa Provides Tax Advice to Butte Fire Victims

Diana1-e1372368959530San Francisco Partner Diana Sosa lent her expertise last week to a workshop hosted by United Policyholders for victims of last year’s Butte Fire whose homes were damaged or destroyed. Diana addressed concerns regarding this year’s income tax filing based on issues around insurance and whether or not fire survivors plan to rebuild on their property. Thank you for your dedication to the community, Diana!

See here for article by local publication Calaveras Enterprise covering the event.

By |February 29th, 2016|Categories: Announcements, BCo Community News, Individual Tax|Tags: , , |Comments Off on BCo Partner Diana Sosa Provides Tax Advice to Butte Fire Victims

IRS Highlights Major Tax Changes for 2015

The IRS has issued a Fact Sheet (2016-8) that highlights major tax changes for 2015, including the renewal of many key taxpayer-favorable benefits through the PATH Act, a new way to save for retirement through myRA accounts, changes resulting from the Affordable Care Act, etc.  Click here for the complete IRS Fact Sheet.

By |February 18th, 2016|Categories: BCo Community News, Business Tax, Individual Tax, IRS, Retirement Planning|Tags: , , , , |Comments Off on IRS Highlights Major Tax Changes for 2015