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      • Regina Chow
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    New law for employers with commissioned employees

    February 1, 2013 by The Team at Sobul, Primes & Schenkel

    Commission-Sobul-Primes-Schenkel-CPA-Los-Angeles

    Signed contracts will be required January 1, 2013 Like so many things, it started with a lawsuit. In the 1990s an out-of-state employer was in trouble for failing to provide California employees with a written contract detailing how commissions were calculated and paid. The ensuing legal battle … [Read more...]

    Filed Under: Employer Tax Issues, Tax Law And Changes

    Sobul, Primes & Schenkel is proud to announce…

    January 14, 2013 by The Team at Sobul, Primes & Schenkel

    Masters-Degree-Sobul-Primes-and-Schenkel-CPA-Los-Angeles

    Two freshly-minted titles and a promotion David Primes recently received his MSA (Master of Science in Accounting) from California State University, Northridge (where he also earned his Bachelor of Science in Accounting). Why would a business owner/partner go to school? “Building knowledge” is one … [Read more...]

    Filed Under: About the staff

    Year-end tax tips to leverage old and new rates

    December 12, 2012 by The Team at Sobul, Primes & Schenkel

    tax-tips-Sobul-Primes-Schenkel-CPA-Los-Angeles1

    Timing of transactions might save you some money Tax-planning is a year-round activity, of course, but the end of the year presents the opportunity to take advantage of rules and rates that will likely change. Given the impending “fiscal cliff” that you have been hearing about, year-end planning for … [Read more...]

    Filed Under: Tax and Estate Planning, Tax Law And Changes

    Annual Volunteer Day at SPS

    November 30, 2012 by The Team at Sobul, Primes & Schenkel

    Operation-Gratitude-Sobul-Primes-and-Schenkel-CPA-Los-Angeles

    Wondering where we were on November 2? One day every year Sobul, Primes & Schenkel closes up shop completely and focuses on a non-profit project. This year SPS showed up en masse at the National Guard Armory in Van Nuys to spend the day working with Operation Gratitude. Operation Gratitude’s … [Read more...]

    Filed Under: About the staff, Charities and Donations, SPS's Community Service Initiatives

    SPS Newsflash, Schenkel and Levitt in The Hollywood Reporter

    October 12, 2012 by The Team at Sobul, Primes & Schenkel

    The-Hollywood-Reporter-Sobul-Primes-Schenkel-CPA-Los-Angeles

    The Hollywood Reporter’s Power Business Managers The moneymen and women on this third annual list handle the finances, and sometimes financial misfortunes, of Hollywood stars who need help with everything from taxes to stocks to investments to chrome-plated electric cars. Plus the ever-changing … [Read more...]

    Filed Under: About the staff, Business Management, Entertainment Tagged With: business manager

    Newsflash – “Fiscal Cliff” Rapidly Approaching

    August 14, 2012 by The Team at Sobul, Primes & Schenkel

    Fiscal-Cliff-Sobul-Primes-and-Schenkel-CPA-Los-Angeles

    Dear Clients and Friends, As you have no doubt heard discussed in the media, the "fiscal cliff" is rapidly approaching. Included in this "fiscal cliff" is the expiration of some very beneficial estate and gift tax exclusions and tax rates.  Until December 31, 2012, the amount you can currently … [Read more...]

    Filed Under: Estate Tax, Gift Tax, Tax Law And Changes

    A New Way to Think About Business Management?

    July 24, 2012 by The Team at Sobul, Primes & Schenkel

    30-years

    SPS - providing business management services for more than 30 years Under the impression that business managers are just for movie stars? That was the case once upon a time. But Sobul, Primes & Schenkel partner Steve Levitt explains that, “Though business management was traditionally for the … [Read more...]

    Filed Under: Business Management, Entertainment

    What Do You Want To Do When You Grow Up?

    July 3, 2012 by The Team at Sobul, Primes & Schenkel

    STEM-career-Sobul-Primes-Schenkel-CPA-Los-Angeles

    No, not you - some thoughts for your kids Graduation Cap and BooksWhatever the young people in your life are considering for their futures, they are probably not factoring in the less-than-romantic notion of which  jobs are in high demand or are high-paying. While it’s certainly not all … [Read more...]

    Filed Under: Technology

    Motion Picture & Television Fund

    June 20, 2012 by The Team at Sobul, Primes & Schenkel

    Motion-Picture-and-Television-Fund-Accountants-Los-Angeles2

    "...dedicated to offering programs and charitable services..." Film Strip When Sobul, Primes, & Schenkel was approached to participate in an effort by the “Hollywood” business management community to raise $1,000,000 for the Motion Picture Television Fund, we stepped right up. The MPTF, as … [Read more...]

    Filed Under: Charities and Donations, SPS's Community Service Initiatives

    What to Save When You Give?

    June 4, 2012 by The Team at Sobul, Primes & Schenkel

    Donation-Receipts-Sobul-Primes-Schenkel-CPA-Los-Angeles1

    A donation without documentation might not be a deduction Because of several recent court cases involving charitable donations being disallowed for lack of proper documentation, we want to remind you of the vital importance of obtaining and saving receipts and paperwork for charitable … [Read more...]

    Filed Under: Charities and Donations, IRS

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