San Francisco, California – November 23, 2014. Safe Harbor LLP , one of the San Francisco Bay Area’s top accounting firms, is proud to announce the public release of its December, 2014, San Francisco Tax Tips Bulletin. The accounting firm specializes in helping high net worth individuals as well as businesses with tax, accounting, and financial planning issues. The latest edition of the firm’s tax bulletin helps San Francisco high income individuals and businesses coordinate retirement and tax planning in light of recent opportunities such as deferred income annuities and new pitfalls such as the accumulated assets tax applicable to ‘C’ corporations.
“Winter is an especially fun season in San Francisco,”commented Chun Wong, CPA, managing partner at Safe Harbor LLP. “Many San Francisco Bay Area residents and businesses enjoy the city’s many fun activities such as ice-skating in Union Square. Our focus remains on taxes and keeping our clients informed of both opportunities and pitfalls.”
For more information, please visit https://www.safeharborcpa.com/?p=3631 where one can read the December, 2014, tax tips for San Francisco.
Highlights of December’s San Francisco Tax Bulletin
The December edition of Safe Harbor LLP’s tax bulletin contains information on the following topics:
Longevity Annuities. Planning on living a long time? Deferred income annuities (DIAS) have recently become popular. New regulations from the US Treasury department may increase their appeal, opening the way for so-called ‘longevity’ annuities.
Global Funds vs. International Funds. There are differences between the two, and especially since the US stock markets have outperformed foreign markets, now people speculate the reverse may start to become true.
Accumulated Assets. If you have a “C” corporation, the accumulated assets tax might impact your tax planning.
About Safe Harbor LLP – a Professional CPA Firm in San Francisco
Safe Harbor LLP is a CPA firm that specializes in accounting and tax services for individuals and businesses throughout the San Francisco Bay Area and greater California. Safe Harbor CPAs helps both individuals and businesses with tax preparation, IRS audit defense, and audited financial statements. The firm prides itself on friendly yet professional service and utilizes state-of-the-art Internet technology to provide quality customer service.
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