Safe Harbor LLP

12/05/2025

Important rules for investment advisers to establish AML/CFT programs, report suspicious activity, and keep relevant records, among other requirements. Learn more. -

The Financial Crimes Enforcement Network (FinCEN) has proposed regulations that would amend the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Program and Suspicious Activity Report (SAR) Filing Requirements for registered investment advisers (IA AML Rule) by delaying the obli...

11/24/2025

When it comes to plug-in vehicles, you can learn about tax credits. How it applies for the next tax season and for how long. -

A married couple was not entitled to claim a plug-in vehicle credit after the year in which their vehicle was first placed in service. The Tax Court explained that Code Sec. 30D provides a one-time credit available only in the year a qualified vehicle is first placed in service, meaning

11/17/2025

Safe Harbor also handles bookkeeping support. Contact our team of the best CPAs in San Francisco to help. Learn more. -

The Bay Area is known as a hub for the most innovative ideas in the world. And our residents are also some of the most successful people. And every day, San Franciscans give their best to continue that trend and bring their best to everything they do!

10/24/2025

There are so may tax codes that a business needs to follow when preparing taxes. The blogs explains some tax codes a business should know. Learn more by clicking here: https://www.safeharborcpa.com/news/san-francisco-tax-preparation-cpa-streamlined-procedures-provided-for-research-and-experimental-expenditure-elections-and-accounting-method-changes-rev-proc-2025-28-6/

Revenue Procedure 2025-28 instructs taxpayers on how to make various elections, file amended returns or change accounting methods for research or experimental expenditures as provided under the One, Big, Beautiful Bill Act (P.L. 119-21). The revenue procedure also provides transitional rules, modifi...

10/21/2025

When running a business it's important to learn what is tax deductible. For example, wages not deductible as qualified business income deduction. Learn more. - https://www.safeharborcpa.com/news/san-francisco-tax-preparation-cpa-wages-not-deductible-as-qualified-business-income-deduction-savage-tc-5/

The shareholders of S corporations engaged in cannabis sales could not include wages disallowed under Code Sec. 280E when calculating the Code Sec. 199A deduction. The Court reasoned that only wages "properly allocable to qualified business income" qualify, and nondeductible wages cannot be so...

10/14/2025

It is important to be ready when it comes to doing your taxes. Learn about filing requirements and obligations when it comes to investments. -

The Financial Crimes Enforcement Network (FinCEN) has proposed regulations that would amend the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Program and Suspicious Activity Report (SAR) Filing Requirements for registered investment advisers (IA AML Rule) by delaying the obli...

10/09/2025

Every business no matter the size should have equal access to big business tools. Learn how Safe Harbor CPA can help you grow your business in San Francisco. - https://www.safeharborcpa.com/blog/san-franciscos-little-businesses-have-equal-access-to-big-business-tools/

07/29/2025

A startup company should have a good CPA to help them stay on the right track. Learn more. - https://jm-seo.net/5ebcc4

07/25/2025

Many can procrastinate on many things but taxes are not one of those things. Learn about tax rules, extensions and deadlines. - https://jm-seo.net/a0e72e

07/16/2025

What you need to know about paying taxes and foreign tax credits. You can learn more about the different tax tiers. - https://jm-seo.net/2d7a5e

07/10/2025

Learn about grant payments to a corporation and what it means for your taxes. Contact Safe Harbor CPAs regarding taxes and grants. -

A grant disbursement to a corporation to be used for rent payments following the September 11, 2001 terrorist attacks on the World Trade Center was not excluded from the corporation's gross income. Grants were made to affected businesses with funding provided by the U.S. Department of Housing and Ur...

02/05/2025

It's 2025 tax season. We offer tax preparation for both businesses and individuals, bookkeeping services, and even international tax and expat tax return preparation. - https://www.safeharborcpa.com/