News

President Biden’s proposed American Jobs Plan would increase income taxes on corporate profits. The increased taxes would help fund the plan’s infrastructure improvement goals, estimated to cost $2.3 trillion.

Section 139 allows employers to offer tax-free disaster relief payments to their employees for certain unreimbursed expenses. While Section 139 payments cannot be used to pay wages, they can be used to reimburse employees for “reasonable and necessary” expenses incurred due to the COVID-19 pandemic.

Employee stock options vary widely in terms of their taxation for the recipient, deductibility for the corporation, vesting requirements, and more. During this 40-minute video, Chugh CPAs, LLP tax experts Jagrut Shah and Komal Kabra help you make sense of employee stock options

President Joe Biden’s recent tax proposals could increase taxes for corporations and wealthy individuals while delivering benefits to certain individuals.

Jyoti Jhaveri is a Partner and Accountant in our firm’s Santa Clara, CA office. Accounting was an easy career choice for Jyoti Jhaveri. Says Jyoti, “Growing up, I always loved working with numbers and people – accountancy was a natural extension.” After discovering accounting during her studies in business, Jyoti …

Dedicated to Powerful Results: Jyoti Jhaveri in Accounting Read More »