Latest News
- 2021 Tax Filing Date Extended
(posted: Mar, 2021)2021 filing date is now May 17.
Latest Blog
- Take Aim at Like-Kind Exchanges
(posted: Aug, 2021)Arrange a like-kind estate swap before the like-kind exchange break is repealed
News Archives
COVID-19 Update April 13
(posted: Apr, 2020)
Stimulus payments, guidelines for Paycheck Protection Loans, & more.
COVID-19 Update: Fed & State Tax Deadlines
(posted: Mar, 2020)
IRS payment deadline delayed, but extensions must still be filed by April 15th
COVID-19 Update: PSVS Still Processing Returns
(posted: Mar, 2020)
We are working remotely to process tax returns during the Bay Area lock down.
IRS Needs Taxpayer Advocacy Panel Volunteers
(posted: Feb, 2020)
Be a part of improving IRS service & customer satisfaction
7 Tax Implications of the New Lease Accounting Standards
(posted: Jul, 2019)
Businesses need to prepare for the various tax implications that are likely to ensue.
2019 Key Deadlines for Businesses And Other Employers
(posted: Jun, 2019)
Important 3rd quarter deadlines for businesses.
Federal Relief for Californians Hit by Fires
(posted: Nov, 2018)
Some victims of California's recent wildfires may qualify for federal Disaster Unemployment Assistance
401k Limit Increases to $19,000 in 2019
(posted: Oct, 2018)
Annual cost of living adjustments increase the dollar amounts for retirment accounts in 2019.
Forming a California LLC? New Online Tool Available
(posted: Jul, 2018)
Online tool lets CA owners submit LLC documents online
IRS Online Tax Tools
(posted: Mar, 2018)
IRS reminds you that they have a variety of useful tax tools online.
Partner Marcena May Retires
(posted: Jun, 2017)
Congratulations and we wish her the best in her new chapter.
Startups Have New Option for Research Tax Credit
(posted: May, 2017)
IRS offers a new option for startups to apply their research credit.
Amazon to Collect Sales Taxes Nationwide Starting April 1st
(posted: Mar, 2017)
Adding the final four states means Amazon will be officially adhering to state sales tax laws.
Understanding the Small Business Health Care Tax Credit
(posted: Jan, 2017)
Find out if your business qualifies for a tax credit.
PSVM Appoints Sabrina Sater as Partner
(posted: Dec, 2016)
Sabrina has been with the firm since 1999, and specializes in individual, partnership, corporate, and real estate taxation...
New IRS e-Services Authentication Process Requires Re-registration
(posted: Sep, 2016)
Starting October 24 users will be asked to update their information.
IRS Slashes Application Fee for Small Exempt Organizations
(posted: May, 2016)
IRS lowers fee for small groups to apply for tax-exempt status, July 1st.
Health Savings Account Limits Released
(posted: Apr, 2016)
IRS has released the limits for HSAs for 2017
NEW! Electronic Signatures Using RightSignature
(posted: Feb, 2016)
New! Convenient digital signing.
Changes to Tax Credits in 2016
(posted: Jan, 2016)
New law affects the child tax credit, the American opportunity credit, and the earned income tax credit.
The Tax Return Filing Deadlines Have Been Altered A Bit
(posted: Sep, 2015)
For businesses, and owners with foreign accounts.
California College Access Tax Credit Expanded and Extended
(posted: Aug, 2015)
Includes changes to the CATC that favor taxpayers...
IRS - Final Portability Rules for Estate Tax Exemptions
(posted: Jun, 2015)
The final rules adopt temporary regulations issued three years ago with a few clarifying changes.
Employers: More Time To Claim Work Opportunity Tax Credit
(posted: Feb, 2015)
Under the extension, timely filing is now April 30, 2015...
IRS: Outstanding Claims for FICA Tax Refunds Will be Denied
(posted: Feb, 2015)
IRS announced that it will reject all of the 3,000+ refund claims...
MyRA Approved, Launches in 2015
(posted: Jan, 2015)
The new myRA (my Retirement Account) savings plan was approved for employees without employer-provided retirment plans.
Bare-Minimum Tax Break Plan in the House
(posted: Dec, 2014)
Over 50 tax breaks extended to the end of this year, avoiding delays in refunds for taxpayers but leaving things unclear for 2015.
IRS Notice Changes Cafeteria Plan Election Rules
(posted: Sep, 2014)
New cafeteria plan election rules.
Bill to Prevent Tax Refund Theft
(posted: Aug, 2014)
Senate bill proposed to prevent tax refund theft...
AICPA Issues Auditing Interpretations for GASB Pension Standards
(posted: May, 2014)
The American Institute of CPAs' Auditing Standards Board has issued three auditing interpretations in response to the new Governmental Accounting Standards Board pension standards.
Commercial Real Estate Tax Changes for 2014
(posted: Feb, 2014)
In June of last year, the Legislature passed Assembly Bill 92 (AB 92) which added California Revenue and Taxation Code Sections 18032 and 24953 creating the new annual filing requirement.