How Will the Markets be Impacted by Trade in 2019?

With talks of changing existing trade deals by then candidate Donald Trump now a reality with President Trump, America has taken a different path for international trade. Seeing mixed results during negotiations, global and domestic stock markets have been shaken and are subject to ongoing volatility. Today, foreign trade talks are in flux, and it’s…

Tax Reform 2.0

The House Republicans recently introduced legislation that, bundled together, is being referred to as Tax Reform 2.0. Expanding on the Tax Cuts and Jobs Act (TCJA), it’s composed of three main bills that intend to address some of most criticized portions of the TCJA. H.R. 6760, Protecting Family and Small Business Tax Cuts Act of…

HBLA Staff Promotion Announcement

Please join us in congratulating Cassie, Kirsten, and Charisse on their promotions! We are thrilled that they are all part of the HBLA team! Cassandra Ong, Senior Auditor Cassandra, known to us as Cassie, joined HBLA three years ago and has quickly proven herself to be a significant member of our audit department. During her tenure,…

Funding Options For Long-Term Care Expenses

The longer people live, the greater the chance they will need assistance in old age. And today, people are living longer than ever. As if providing for one’s own retirement isn’t hard enough, now we must factor in the cost of providing long-term care. Health insurance – including Medicare – is designed to cover only…

Summer Jobs and Taxes

Summer is coming to an end, lots of high school and college kids work seasonal jobs before they return back to their studies. It doesn’t matter if it’s mowing lawns, checking out groceries, painting houses or life-guarding at the beach, here’s what you need to know about summer jobs and taxes. Even if you don’t…

The Perks of Working Past Traditional Retirement Age

A large number of Americans intend to keep working past retirement age. For many, their reasons are financial. Some have a high level of debt while others are afraid if they retire too soon, they will run out of money. Working longer offers several financial benefits; workers are able to: Accrue a higher Social Security…

Social Security Ground Zero: 16 Years to Impact

Every year, the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds (OASDI) issues its annual report on the Social Security system. The report details the current financial status of both Social Security and Medicare as well as future projections. The 2018 report has one key takeaway –…

Are you compliant?

ACCOUNTING & BOOKKEEPING SERVICES Are you compliant? Yearly Report Compliance Every year California businesses are required to file a Statement of Information with the California Secretary of State, while others are filed biennially (every two years), below is a list of due dates and filing fees. We can help! HBLA can prepare and e-file on…