Many real estate brokers and private lenders unintentionally trigger DRE reporting requirements simply through normal lending activity. Sections 10232 and 10238 of the Business & Professions Code outline specific thresholds that, once met, require formal notification and ongoing reporting to the DRE. Section 10232 – Trust Fund & Loan Activity Thresholds You may be subject […]
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Tax and GAAP Treatment for Loan Origination Fees
As a CPA firm specializing in the private lending space, we often advise our clients on the proper treatment of loan origination fees. These fees, typically charged by lenders to process and underwrite a loan, carry important implications for both financial reporting (GAAP) and income tax reporting (IRS). Below are the key differences between GAAP […]
Bonus Depreciation
Bonus depreciation lets businesses deduct the full cost of qualifying assets immediately in the year they are placed in service, instead of spreading deductions over several years. This can reduce taxable income faster and improve cash flow beneficial for managing capital investments. What You Need to Know About Bonus Depreciation in the One Big Beautiful […]
Opportunity Zones Are Making a Comeback
Exciting news for investors and business owners: Qualified Opportunity Zones (QOZs) are back in action, thanks to a new piece of legislation called the One Big Beautiful Bill Act (OBBBA). This law permanently reauthorizes the QOZ program, with some important changes that could offer tax-saving opportunities for years to come. If you’ve invested in […]
What You Need to Know About the One Big Beautiful Bill Act
On July 4, 2025, the government passed a major new tax law called the One Big Beautiful Bill Act. This law introduces important changes that can help individuals and business owners save money on their taxes. Below is a summary of the key tax provisions: 1. Depreciation & Expensing Provisions Bonus Depreciation 100% bonus depreciation […]
CPA 150 Credit Hours Requirement
What is the reasonable amount of prerequisites for licensing? As with any professional designation, there are many steps to becoming a Certified Public Accountant (CPA) in the United States. Licensing is controlled at the state level. Since 1988, most US states have required individuals to have 150 credit hours from a qualifying institution prior to […]