Newsletters
Tax Alerts
Tax Briefing(s)
Your privacy is a primary concern to us at Ralph Maya & Company, CPAs. Our goal in expanding and clarifying our policy on the collection and use of client data is to ensure the highest level of confidentiality and security. This policy is a company-wide policy, not limited to our website. When you provide your personal information to Ralph Maya & Company, CPAs (such as your name, address, phone number, company name, or Federal Identification Number), we will not give or sell your individual information to any outside company for its use in marketing or solicitation without your consent. We will maintain the confidentiality of your personal information and it will be used only to support your client relationship with Ralph Maya & Company, CPAs. Additionally, internal practices help protect your privacy by limiting employee access to and use of customer data. When we ask for client information, we achieve our goal of improving the relationship with our clients. At Ralph Maya & Company, CPAs, we are helping you maintain control over your personal data while fostering the growth of a more interactive online environment. Our intention is to send e-mails only to clients or to individuals you, as clients, have chosen to receive such emails. At any time, you have the right to "opt out" of receiving future Ralph Maya & Company, CPAs' communications.

Senate tax writers on Capitol Hill continue to discuss bipartisan retirement savings bills as the House gears up for a vote on a related tax measure.


President Donald Trump and Democratic congressional leaders have agreed to develop a $2 trillion infrastructure plan, according to Senate Minority Leader Chuck Schumer, D-N.Y.


Highly anticipated proposed regulations have been issued on the withholding required with respect to the disposition of certain partnership interests. The proposed regulations affect certain foreign persons that recognize gain or loss on the disposition of an interest in a partnership that is engaged in a trade or business in the United States, and persons that acquire those interests. Also affected are partnerships that directly or indirectly have foreign partners.


Proposed regulations provide rules on the attribution of ownership of stock or other interests for determining whether a person is a related person with respect to a controlled foreign corporation (CFC) under the foreign base company sales income rules.


Final regulations have been issued on transactions of U.S. taxpayers that have qualified business units (QBUs) with functional currency other than the U.S. dollar.


Medicaid waiver payments were earned income, even though IRS Notice 2014-7 treated them as “difficulty of care” foster care payments that were excluded from gross income. The Tax Court held that excluding the payments from earned income would improperly deny the taxpayers’ earned income credit and the additional child tax credit.


No, taxpayers may destroy the original hardcopy of books and records and the original computerized records detailing the expenses of a business if they use an electronic storage system.