The Nienow & Tierney, LLP Podcast

On this episode of the Nienow & Tierney, LLP Podcast we have a conversation about the requirements of the Corporate Transparency Act that will impact many of our business clients. Under the CTA, certain businesses must start reporting the Beneficial Ownership Interests in their businesses, or face stiff penalties and other consequences. It is important to be aware of these rules and plan for c...

On this episode of the Nienow & Tierney, LLP Podcast, originally recorded on September 22, 2023, Paul Nienow and Steve Tierney discuss the Employee Retention Credit (ERC). With so much attention brought about originally by aggressive marketing in the mass media, and now unprecedented action by the IRS, we thought it would be a good topic for discussion. While this discussion will not provide e...

In this episode of Nienow & Tierney, LLP partner chat originally recorded on August 19, 2022, Paul Nienow and Steve Tierney discuss the tax implications of the Inflation Reduction Act of 2022.

In this episode of the Nienow & Tierney, LLP podcast, Paul Nienow & Steve Tierney discuss the new CA budget, and the various tax rule changes it contains.

The Nienow & Tierney, LLP Podcast is back, in a new format.  We will be recording episodes on a less frequent basis, when there is new and important information for our clients.  In this episode, Paul Nienow & Steve Tierney discuss the California CalSavers program, that is mandatory for all businesses with 5 or more employees, and must be complied with by June 30, 2022.  We...

The Nienow & Tierney, LLP Podcast is back, in a new format.  We will be recording episodes on a less frequent basis, when there is new and important information for our clients.  In this episode, Paul Nienow & Steve Tierney discuss the quickly approaching June 15, 2022 deadline for passthrough entities to make a payment to participate in California's AB-150 Passthrough Entity Ele...

In this episode of the Nienow & Tierney, LLP partner chat, Paul and Steve discuss tax provisions of the Build Back Better bill that passed the House this month, and what could be next for the bill, and how it may impact our clients.

In this episode of partner chat, we go over our internal discussion points on California AB 150. This new rule provides owners of pass through entities a way to get around the $10k SALT deduction limit imposed by the TCJA of 2017.

In this recorded Partner Chat session, Paul and Steve discuss a basic overview of what they see as the pros and cons of setting up a business as an LLC or an S-corporation.

In this episode of Partner Chat, Paul Nienow and Steve Tierney discuss the proposed workaround of the federal $10,000 deduction limitation for state and local taxes introduced by the State of California.  We discuss how our clients who own passthrough entities may be able to take advantage of this proposed workaround which has subsequently become law.

In this episode of Nienow & Tierney, LLP partner chat Paul Nienow & Steve Tierney discuss the new Advance Child Tax Credit Payments which are set to begin in July.  We discuss what our clients need to know, and what actions they may want to take now.

The Biden Administration announced this week that it is planning to make the increase in capital gains tax rates retroactive to April or May. On June 2, 2021 Paul Nienow and Steve Tierney discuss why this might happen, and what planning techniques, if any, can be employed.

In this episode of partner chat originally recorded on May 21, 2021, Paul Nienow and Steve Tierney discuss the proposal to fund $80 billion to the IRS to step up taxpayer audits, and some of our experiences with IRS audits in the past.  We also look back at the difficult 2021 tax filing season and discuss the unusual spate of MLB no-hitters.

In this episode of the Nienow & Tierney, LLP podcast originally recorded on April 30, 2021, Paul Nienow and Steve Tierney review the list of recently released tax provisions of the American Families Plan proposed by President Biden.  We also discuss the better late than never final rules from the State of California regarding the taxation of PPP loans.

Originally recorded on April 2, 2021, Paul Nienow and Steve Tierney catch up to discuss the status of California resolving their PPP taxation plan, tax deadline extension details, problems at the IRS and the potential tax provisions of the President's proposed $2 trillion infrastructure plan.

In this partner chat originally recorded on March 18, 2021, Paul Nienow and Steve Tierney discuss the extension of the 2021 tax filing deadline, and the various caveats taxpayers should be aware of.

In this edition of partner chat Paul Nienow and Steve Tierney review some of the tax provisions of the just enacted American Rescue Plan Act, what the current status is of California legislation on the taxation of PPP loans, and we look back at at last year of COVID life, and work.

In this partner chat recorded on March 5, 2021, Paul Nienow and Steve Tierney discuss the problems being caused by the delay in California PPP legislation for March 15th filings, and the latest information on the IRS possibly moving the April 15th filing deadline.

Steve Tierney and Paul Nienow discuss ideas for maintaining firm culture during a pandemic with remote workers.

In this conversation on February 19, 2021, Paul Nienow and special guest tax manager Tracy Pohlen  have a quick discussion about the newly announced agreement on California stimulus that includes partial PPP forgiveness relief.

R & D and other tax credits are gaining more and more attention these days.  On February 5, 2021, Steve Tierney had a conversation with Steve Ho of Welsh Advisors about R & D and other tax credits, and what is involved to qualify for and obtain them.

On February 5, 2021 Paul Nienow and Steve Tierney discussed the "Vote-O-Rama" on yet another stimulus bill.

It's the gift that keeps on giving.  Paul Nienow and Steve Tierney discuss new information and guidance coming out on COVID relief programs, including California's treatment of PPP forgiveness, new information on the employer retention credit, how self-employed taxpayers can defer self-employment tax, and the State of California's COVID-19 relief grant program for small businesses.

Cost segregation studies can be a powerful tool to maximize the tax benefit of depreciation on acquired or improved property.  On January 21, 2021 Steve Tierney had a conversation with Rhett Gagon of Cost Segregation Authority to discuss an overview of cost segregation studies, and their implications for our clients.

In this episode of the Nienow & Tierney, LLP Podcast, Paul and Steve discuss some of the changes the firm is implementing this year to make tax season as safe and smooth as possible for our clients.