Sobul Primes & Schenkel, CPAs, APC

The internet is a jungle full of predators, and your credit is their prey. Criminal hackers are becoming alarmingly adept at snagging your 16-digit card number as it flies through cyberspace. Read on to find out how you can protect yourself and your money when shopping online.

For much of its modern history, college sports added fees to the cost of their best seats. These fees, called seat donations, had always been deemed by the IRS to be gifts and tax deductible. With the new tax laws this is no longer the case. Read on to find out more.

A brand-new section of the Tax Code (26 US Code 1400Z) incentivizes investments in neighborhoods designated by state governors as Opportunity Zones. This new opportunity zone tax bill allows investors to invest in new projects intended to spur economic growth in exchange for certain tax benefits. Read on to find out more.

The only official IRS guidance about the tax consequences of your adventures in the Jurassic jungle of cryptocurrency trading is from 2014. And that four-year-old publication offers mere guidance, rather than strictly controlling rules. Read on for more information.

With the recently passed TCJA, the rules for Section 1031 exchanges have been modified and depreciation rules have been expanded. Read on to find out how these new rules can create opportunities that might be missed!

The Supreme Court moved to close a loophole that internet retailers can be required to collect sales taxes even in states where they have no physical presence. Read on to find out more.

Check out the very important SPS Alert for November 8, 2014.

Check out our latest newsletter online now! Newsletter 16 features helpful information for employers, paying nannies, recent hacker scandals and more... http://www.spscpa.com/newsletter-16

Newsletter 15 is now available online! Get all the latest news on Elder Care and Health Care reform from SPSCPA - http://www.spscpa.com/newsletter-15#.UorPUOKQMdk

Our latest newsletter is online now! Newsletter 14 features great information about the future at SPSCPA, gift tax, mail fraud, the California fire season and more... http://www.spscpa.com/newsletter-14

We are a full service public accounting firm with a strong group of professionals with over 25 years of experience in a wide variety of industries, and are committed to helping each client achieve their greatest potential. Our firm is located in West LA, but our reach extends globally through our international affiliations. We only hire the most talented professionals who share our firm's optimism for the future.