Dritsas Groom McCormick LLP

Covid-19 Relief Bill Passes With Tax-Free Status For Student Loan Forgiveness: https://www.forbes.com//covid-19-relief-bill-passes-with/

PPP borrowers can use gross income, SBA rules. Details: https://www.journalofaccountancy.com//ppp-borrowers-can-us

Reminder on the tax rules for deducting the computer software costs for your business: https://dgmcpa.com/the-tax-rules-for-deducting-the-compute/

Our broad scope of knowledge allows us to seamlessly integrate all tax-related services to our clients, ensuring that their financial objectives receive individualized attention.

In addition to Business Consulting, Dritsas Groom McCormick also addresses the needs of individuals and families who require accounting and tax services, retirement and estate planning and other financial consulting services.

The tax rules for deducting the computer software costs of your business: https://dgmcpa.com/the-tax-rules-for-deducting-the-compute/

Happy Valentine's Day!

Corporate taxes are both the most discussed and misunderstood topic among small businesses. Having a tax plan and understanding your company’s tax liability is the best way to minimize your tax burden.

Putting a succession plan in place for your business? We can help minimize the impact of capital gains and other taxes on the company and on its executives.

Looking for individualized attention, specific to your business and financial needs? Let us help!

Dritsas Groom McCormick is a premier provider of assurance services in the Central Valley. The business landscape is continually reshaped by events and trends. We can help navigate these trends and address today’s most critical financial and reporting issues.

We provide efficient and effective services by assembling the right team to address the most complex issues, using a proven methodology and tailoring our services to meet each client’s unique needs.

Knowing your worth is key to achieving your financial goals. Whether you own a business, want to protect your wealth or determine your asset worth, a professional business valuation is essential. Contact us for more information about our valuation services.

Why it’s important to plan for income taxes as part of your estate plan: https://dgmcpa.com/why-its-important-to-plan-for-income-ta/

Have a spoooky day!

The business landscape is continuously changing. We follow relevant events and trends to help you navigate today’s most critical financial and reporting issues.

Are you prepared for an IRS audit? https://dgmcpa.com/the-easiest-way-to-survive-an-irs-audit/

We can review your business operations, offer proven changes to increase your bottom line, suggest changes to decrease your tax liability, and help your business grow.

Tax services are a major component of our business. As Certified Public Accountants, we have decades of experience planning and preparing taxes. We look forward to serving you!

IRS releases per diem rates for business travel: https://dgmcpa.com/irs-announces-per-diem-rates-for-busine/

DGM has provided Valley businesses and individuals comprehensive accounting services like business consultation, tax preparation, accounting and financial services since 1981. Find out more about our services: https://dgmcpa.com/services/tax-services/

One major benefit of using Dritsas Groom McCormick’s consulting services is risk mitigation. We help our clients prepare for threats known and unknown, through activities such as tax compliance, strategic planning, financial/accounting procedure optimization, succession planning, mergers and acquisitions.

Important information: Tax implications of working from home and collecting unemployment. https://dgmcpa.com/tax-implications-of-working-from-home-a/

Want to know how much your business is worth? We specialize in Business Valuation. Call us today!

In some cases, investors have related expenses, such as the cost of subscriptions to financial periodicals and clerical expenses. Are they tax deductible? Currently, they’re only deductible if you can show that your investment activities rise to the level of carrying on a trade or business. In that case, you may be considered a trader, rather than an investor. A trader is entitled to deduct investment-related expenses as business expenses. A trader is also entitled to deduct home-office expenses if the home office is used exclusively on a regular basis as the trader’s principal place of business. However, be aware that trader status is difficult to achieve. Contact us with questions.