BCo Blog

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 [...]

Another Successful Bregante + Company LLP Golf Tournament Supporting Agape Villages Foster Family Agency

Thank you to all our clients and friends who participated in our 15th Annual Bregante + Company LLP Fundraising Golf Tournament benefiting Agape Villages Foster Family Agency. At the risk of rain, 55 golfers began their 27-hole [...]

By |October 26th, 2016|Categories: Announcements, BCo Community News, Nonprofit Organizations|Tags: , |Comments Off on Another Successful Bregante + Company LLP Golf Tournament Supporting Agape Villages Foster Family Agency

CalNonprofits Convention 2016

We are proud to sponsor the good works of CalNonprofits at its 2016 Convention on Thursday, October 6th in Los Angeles, CA.  This annual meeting sets the focus for California non-profits for the coming year.  [...]

By |October 4th, 2016|Categories: Announcements, BCo Community News, Nonprofit Organizations|Tags: , , |Comments Off on CalNonprofits Convention 2016

Tax Credits for Qualified Plug-In Electric Vehicles

Passenger 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 [...]

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

Charitable IRA Distributions

A 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 [...]

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

Helping S Corporations Avoid Unreasonable Compensation Audits

Since compensation is subject to employment taxes (i.e., primarily Social Security and Medicare taxes) and distributions to shareholders are not, many S corporation owners reduce their compensation and increase their shareholder distributions in an attempt [...]

By |May 17th, 2016|Categories: BCo Community News, Business Operations, Business Tax, IRS|Tags: , , , |Comments Off on Helping S Corporations Avoid Unreasonable Compensation Audits