Technology General

  • To Extend or Not to Extend – it is not even a question.

    Co-Author – Matt Winans – Matt.Winans@claconnect.com We would like to outline the benefits of extending your income tax return(s); regardless of whether it is an individual or business. We would also like to dispel myths about extending. The facts: The benefits: In conclusion, “Extend is your Friend” its normal and does not create additional risk(s).

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  • IRS Provides Relief for Those Affected by California Weather

    In response to the severe flooding that has affected many California residents beginning January 8, 2023, the IRS has announced an extension for tax filings and payments for those affected by the disaster. The disaster area covers the counties of Colusa, El Dorado, Glenn, Humboldt, Los Angeles, Marin, Mariposa, Mendocino, Merced, Monterey, Napa, Orange, Placer, […]

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  • CLA Talks: The Startup Journey Episode 2 – Rick McGlinchey of PureInsights

    Watch and listen to Episode 2 of The Startup Journey with CLA’s Keith Davidson and Rick McGlinchey of PureInsights. The Startup Journey is a video blog series focusing on a look behind the scenes of our startup clients and their experiences.

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  • CLA Talks: The Startup Journey Episode 1 – Nick Clark of Common Desk

    Watch and listen to Episode 1 of The Startup Journey with CLA’s Keith Davidson and Nick Clark of Common Desk. The Startup Journey is a new video blog focusing on a look behind the scenes of our startup clients and their experiences.

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  • ICYMI – Webinar Series from 2021

    I wanted to share some webinars we did in 2021 around the technology and startup community. These were recorded and can be viewed at anytime. Webinar Series for Technology Companies : 2021 : Events : CLA (CliftonLarsonAllen) (claconnect.com) Technology Webinar Series : 2021 : Events : CLA (CliftonLarsonAllen) (claconnect.com)

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  • What we learned from 2021 and its impact on 2022

    Here are highlights of an article that outlines reflections of 2021 that help shape our goals for 2022! Highlights include – Compliance with COVID-19 relief funds, Impact of Labor Market Disruption (financial and operational), and increased need for Cybersecurity. Get a Leg Up On 2022: What We Learned in 2021 and How You Can Apply […]

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  • ERC for Recovery Startup Businesses

    By: Lakshmi Kesaraju, CPA Your startup may be eligible for a $100,000 tax credit that can be used to offset your payroll taxes. The Employee Retention Tax Credit (ERTC) program is ever-changing since creation of the credit under the Coronavirus Aid, Relief and Economic Security (CARES) Act in April 2020.  It has been extended and […]

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  • Quick Year-End Tax Planning Ideas

    Numerous news outlets have reported that the Biden Administration continues to seek a path forward for its “Build Back Better” economic stimulus and social spending plan, despite not having the support of key Democratic Senator Joe Manchin. In an evenly divided Senate, the Democrats will need the support of every member of their party in […]

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  • Deciding Between An Audit Or Review?

    As companies  grow and move along their business life cycle, a question frequently arises as to whether the company should have an audit or review performed.  Let’s summarize the differences as well as the pro’s and con’s of both of these two types of assurance services provided by CLA and other CPA firms. Audit An […]

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  • New Schedules K-2 and K-3 Coming for the 2021 Tax Year

    Authored by Carey M. Heyman In an effort to replace, supplement and clarify the current foreign reporting structure and to increase taxpayer compliance with the international tax provisions of the Internal Revenue Code, the IRS has introduced Schedules K-2, Distributive Share Items – International, and K-3, Share of Income, Deductions, Credits, etc. – International, for partnerships and […]

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