Stephenson Doug

Stephenson Doug

  • 645 North La Cadena Drive
  • Colton, California
  • 92324

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Description

Implement the Plan: The execution step that converts ideas into action. Once implemented, you should revisit the plan regularly to make sure it remains relevant in the face of changing circumstances, such as divorce, changes in business profitability, or the death of a stakeholder. Keep in mind that a fundamental prerequisite to business succession planning is valuing your business. As you might imagine, business succession is a complicated exercise that involves complex set of tax rules and regulations.

Ann Esquivel is our staff accountant. She has been a bookkeeper for over 20 year and is a CTEC registered tax preparer. In additional Ann is a member of the California Society of Tax Consultants.

Tax Preparation We provide tax services to individuals, businesses and not for profit organizations including tax planning, federal and state income tax preparation, electronic tax filing and audit representation. We also prepare sales tax, payroll tax and business personal property tax returns. Audit, Review, and Compilation Services As a full service CPA firm Stephenson Accountancy Corporation offers attest services such as audits, reviews and compilations.

Welcome to our Web site, where you’ll find a wealth of information in the form of newsletters, articles, calculators, and research reports as well as access to your investment accounts. Our firm's experience as Certified Public Accountants gives you access to over 20 years of experience in accounting systems using QuickBooks, business management, development and controllership services as well as income tax planning and preparation experience for businesses and individuals. We serve businesses to help individuals .

Is the policy tax qualified? Certain long-term care policies can offer federal income tax benefits. Generally, premiums paid for these policies can be included with other uncompensated medical expenses for deduction from income if they exceed 7½ % of adjusted gross income. And benefits received generally will not be counted as income. 1 Is the policy guaranteed renewable? In most states, long-term care policies are guaranteed renewable.

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