Healthcare Reform and Your Business On October 15th ELLS attended the Healthcare Forum presented by the Hoag Hospital Foundation. The panel discussed the concerns both individuals and businesses face in regards to the healthcare industry in the United States. The update reported that healthcare spending has dramatically slowed down in the past years. This is mainly due to the uncertainty of healthcare reform. The panel predicted that the healthcare industry will … [Read more...]
ELLS Visits Anaheim Rotary

ELLS Shareholder Greg Lewis, Director of Marketing Lindsay Conderman, Anaheim Rotary President Greg Smith, ELLS Tax Manager Carol Painter and Shareholder Ed Lieber posed for a picture after the ELLS' Anaheim Enterprise Zone Presentation. ELLS shared information about business/employee eligiblity, calculation of credits and other tax advantages to the Anaheim Enterprise Zone. For more information about the Anaheim Enterprise Zone ELLS CPAs at 714.569.1000. … [Read more...]
Employee or Independent Contractor?

Is he/she an employee or an independent contractor? As the Internal Revenue Service begins to crack down on this issue business owners must be sure that they are choosing the correct classification. There are a few ways that you tell whether you have an employee on your hand or an idependent contractor. Take a look at this blog I wrote for advancedplanning4docs.com, click here. For more information call Greg Lewis at 714.569.1000 Posted 8/9/11 … [Read more...]
Greg Lewis Offers Planning Tips for Roth IRA Conversions

Greg Lewis Offers Planning Tips for Roth IRA Conversions For tax years beginning after 2009, the $100,000 modified AGI limit on conversions of traditional IRAs to Roth IRAs is eliminated. Additionally, married taxpayers filing a separate return will be able to convert amounts in a traditional IRA into a Roth IRA. As a result, 2010 will be a pivotal one for retirement planning and poses significant tax planning challenges. There are certain tax advantages to Roth … [Read more...]




