Albright & Associates, Ltd.

09/24/2026

We look forward to seeing everyone tomorrow to celebrate!

Cheers to 50 years! 🎉

09/23/2026

Any guesses what year this photo was taken? Do you recognize the location?

09/18/2026

ReLeaf Reno program offers $40 trees for October pickup

Reno offers subsidized trees for $40 through ReLEAF Reno. Pickups are scheduled for October at the Idlewild Park Maintenance Office.

09/16/2026

Three federal agencies recently issued guidance on employer-sponsored wellness programs. It addresses how health-contingent wellness programs, including tobacco-cessation programs, must treat participants who complete a reasonable alternative standard during the associated health insurance plan year. Until further guidance is issued, the agencies generally won’t take enforcement action against plans that provide a reward only for the period after participants satisfy an alternative standard rather than retroactively, as long as other applicable requirements are met. If your organization sponsors a wellness program, we can help you evaluate its financial, compliance and administrative costs.

Contact us!

09/14/2026

Paying dividends isn’t the only way to take cash out of your C corporation. Corporate distributions are generally taxable to you to the extent of your company’s “earnings and profits,” and your company can’t deduct them.

To avoid dividend treatment, consider having your business repay bona fide loans you’ve made to it or taking out properly structured loans from it. You might also increase your compensation (as long as it’s still “reasonable”) or qualifying tax-free fringe benefits — or lease or sell assets to your business.

Before proceeding, evaluate the tax implications for you and your corporation. Contact us to review the applicable rules and determine what’s right for your situation.

www.albrightcpas.com

09/09/2026

-50 years in business.
-Thousands of clients served.
-Generations of families and businesses supported.
-One unwavering commitment to doing right by our clients.

Thank you for making the last 50 years possible.
We can’t wait to see what we’ll accomplish together next.
50 Years & Counting.

09/08/2026

Thank you Sarah Johns for having us back on 2 Plus You Nevada!

09/06/2026

Our office will be closed Monday the 7th in observance of Labor Day. We will resume normal business hours Tuesday the 8th

09/05/2026

Teachers and other educators often spend their own money on books, supplies, equipment and other classroom needs. For 2026, eligible educators may have two ways to deduct qualifying unreimbursed expenses: A deduction of up to $350 is available whether or not they itemize, and a new deduction with no dollar cap is available to itemizers. Educators eligible for both deductions can first claim the above-the-line deduction and reap the benefits of reducing their adjusted gross income and, if they have eligible expenses in excess of $350, claim the itemized deduction for those excess expenses. (Educators can’t claim both deductions for the same expenses.) Contact us to see if you may be eligible.

09/04/2026

Does your business need to report deferred taxes? These accounting rules generally apply to businesses subject to entity-level income taxes that prepare GAAP financial statements. Deferred taxes often arise when income is recognized differently for book and tax purposes. Under GAAP, deferred tax assets are recorded for expected future tax benefits from deductible temporary differences and from carryforwards related to capital losses, net operating losses or tax credits. Conversely, deferred tax liabilities reflect the expected future tax effects of taxable temporary differences. Contact us for help accounting for deferred taxes and interpreting their effects on your financial statements.

albrightcpas.com