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When you purchase a home in California, you will often receive a supplemental tax bill for the difference between the previously assessed property taxes and the new, updated value of the home due to the sale. These notices are mailed to the current property owner and are their responsibility. In subsequent years, the main property tax […]

Posted at: October 23rd, 2015 - 11:18 am - Number of Comments » 0

Thank you, Santa Clarita, for voting us “Best Accounting Firm” for 2014 in the Santa Clarita Valley Signal’s recent polling. We are humbled but happy to be a part of this wonderful, vibrant community.

Posted at: September 28th, 2014 - 3:21 pm - Number of Comments » 0

We’ve moved! Denny & Company, LLP, has returned to our old haunts on Valencia Blvd! Our new address is 23929 Valencia Blvd., Ste. 304, Valencia, CA 91355. We’re conveniently located in the Bank of America building across from City Hall. Our phone and fax numbers remain the same.

Posted at: June 30th, 2014 - 2:31 pm - Number of Comments » 0

According to the Associated Press: Business social network LinkedIn said it is investigating reports that more than six million passwords have been stolen and leaked onto the Internet. Although LinkedIn did not confirm if any user data had been hacked or leaked, researchers at U.K. Web security company Sophos say they have confirmed that a […]

Posted at: June 6th, 2012 - 2:38 pm - Number of Comments » 0

The IRS has put together a handy list of publications that deal with significant life events that effect your tax life. Check it out here – and if you have further questions, give us a call.

Posted at: February 3rd, 2011 - 12:35 pm - Number of Comments » 0

Recent headlines announced the “piercing” of Swiss banking secrecy laws to reveal many Americans owning huge, unreported income offshore. But it’s not just the big guys who are subject to reporting: Any US citizen with ownership or control over an account or accounts worth more than $10,000 during the year must report them to the […]

Posted at: May 10th, 2010 - 1:50 pm - Number of Comments » 0

Staples Center has offered $20 million for the upcoming Mayweather-Pacquiao fight — but they aren’t going to get it, since that would mean the fighters paying upwards of 10.55% income taxes to the state of California. Even though this event could mean millions to the economy of Los Angeles, the negative incentives are so high […]

Posted at: December 15th, 2009 - 11:52 am - Number of Comments » 0

Make sure you adjust your withholding on the state level if you’re a Californian — otherwise, your withholding may not reflect changes in the law, and you could end up owing more money to the state at the end of the year. More information

Posted at: June 19th, 2009 - 12:02 pm - Number of Comments » 0

The US Supreme Court made it even harder to prove age discrimination in employment cases. See More

Posted at: June 18th, 2009 - 10:06 am - Number of Comments » 0

June 2009 – The Enterprise Zone (EZ) tax incentive program was created in 1986 to help local businesses, and encourage outside businesses to locate in economically depressed areas. The federal government does not have a comparable economic development program or business tax incentives. The FTB has a useful primer on California’s Enterprise Zones here…

Posted at: June 12th, 2009 - 6:09 pm - Number of Comments » 0