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Urquidez & Assocaites, CPAs

Urquidez & Associates, CPAs is a CPA firm located in Long Beach, California. We are a full-service firm providing professional services in the areas of audits and reviews, taxation, general accounting, accounting software consulting and installation, business and personal consulting, human resources and litigation support.

Accounting Firm in California. Get the Bookkeeping Services in California - Urquidez CPA's. 401(k) Calculator, 401(k) Savings with Profit Sharing, 401(k) Spend It or Save It Calculator, 403(b) Savings Calculator, 457 Savings Calculator, 72(t) Calculator, 72(t) Distribution Impact, Beneficiary Required Minimum Distributions, Company Stock Distribution Analysis Calculator, How Important is Social Security?

Get the Bookkeeping Services in California - Urquidez CPA's

Hire the Forensic Accounting Firms - Urquidez CPA. Do you need to analyze your financial data to uncover potential misconduct?

Hire the Forensic Accounting Firms - Urquidez CPA

Are you investigating an entity for possible acquisition and need to ensure the absence of financial irregularities? Or perhaps you’re involved in litigation and require an expert witness to testify on your behalf. If you are concerned that you or your business has been or could be harmed by fraud or embezzlement, the forensic accounting and CFE services of Kathleen P. Urquidez, CPA could provide the answers you seek. Investigative Accounting Should you need to explore whether fraud or misconduct has occurred, such as employee theft of property, materials, or misuse of assets; misappropriation of funds by employees; kickbacks to employees from outside vendors; or insurance fraud, our CFE team’s considerable years of investigative accounting knowledge and field experience can provide you a clear, concise understanding of the situation and the appropriate action to take.

Fraud Prevention. Urquidez & Associates, CPAs. The IRS has updated Rev.

Urquidez & Associates, CPAs

Proc. 2011-47 to reflect changes made by the Tax Cuts and Jobs Act (TCJA) ( P.L. 115-97). The guidance provides the rules for determining the amount of an employee's ordinary and necessary business expenses for lodging, meals, and incidental expenses while traveling away from home. Specifically, it sets out the rules for using a per diem rate to substantiate lodging and meal and incidental expenses (M&IE) of an employee, or reimbursed M&IE only.

Rev. Proc. 2019-48 notes that employees are not required to use the per diem rates. TCJA Amendments Amendments made by the TCJA temporarily suspend all miscellaneous itemized deductions that are subject to the two-percent of adjusted gross income floor for tax years year beginning after December 31, 2017, and before January 1, 2026 (suspension period). The TCJA also amended Code Sec. 274(a) to disallow the deduction for entertainment expenses. Updates to Reflect TCJA Effective Date Rev. Rev. Allocation Procedure Rev. Comment. Urquidez & Associates, CPAs. Graduated B.S. in Business Administration, concentration in accounting and finance from California Polytechnic State University in San Luis Obispo, 1988.

Urquidez & Associates, CPAs

Certified Public Accountant, State of California, December 1993. Thirty-one years public accounting experience with primary emphasis in non-profit and for-profit audits, review and compilations. Specialization in accounting software installations and training. Has directed numerous audits, review and accounting engagements of varying sizes and complexities. Firm responsibility for audit and review services including technical expertise and compliance with quality peer review requirements. Firm’s Mission and Core Values. Urquidez & Associates, CPAs is a CPA firm located in Long Beach, California.

Firm’s Mission and Core Values

We employ approximately 10 people of which 4 are CPAs or CPA candidates. We are participants in the American Institute of CPAs’ Quality Review Program, which requires a periodic independent peer review of our accounting practice. Our vision is to educate our clients as an integral member of their advisory team for the growth of their business and the protection of their family’s assets. We build a strong team of professional advisors around each of our clients ensuring all objectives are met. Trump Signs Legislation Expanding Religious Exemption for ACA Individual Mandate - URQUIDEZ & ASSOCIATES, CPAS. Tax-Related Portion of the Substance Use–Disorder Prevention that Promotes Opioid Recovery and Treatment (SUPPORT) for Patients and Communities Act, Enrolled, as Signed by the President on October 24, 2018, P.L. 115-271 President Donald Trump has signed bipartisan legislation, which expands a religious exemption for the Patient Protection and Affordable Care Act’s (ACA) ( P.L. 111-148) individual mandate.

Trump Signs Legislation Expanding Religious Exemption for ACA Individual Mandate - URQUIDEZ & ASSOCIATES, CPAS

The exemption is effective for taxable years beginning after December 31, 2018. Religious Exemption SUPPORT for Patients and Communities Act ( HR 6) amends Code Sec. 5000A(d)(2)(a) to expand the religious conscience exemption for the ACA individual mandate. Individual taxpayers who rely solely on a religious method of healing for whom the acceptance of medical health services would be inconsistent with their religious beliefs are exempt from the ACA mandate to maintain health insurance or pay a penalty.

Tax Reform. Accounting Services California - Urquidez & Assocaites, CPAs. Every small business owner needs to focus on running their business and using their financials as a tool for success.

Accounting Services California - Urquidez & Assocaites, CPAs

We not only manage your books for you but offer a variety of services that make your accounting process easier. These services form the solid foundation of your small business accounting system, and include: Providing quarterly consultationsReconciling your bank accounts and credit cardsGenerating an income statementGenerating a balance sheetCleaning up your general ledger Quarterly Consultations We are not a once a year CPA, this is what sets us apart from other small business CPAs. Bank & Credit Card Reconciliations. Meet Urquidez & Associates, CPAs. TAX SERVICES – URQUIDEZ & ASSOCIATES, CPAS. Preparing your tax return on your own may seem like a way to save money but if you don’t know what you’re doing, it could end up costing you in overpaid taxes or might even incite an IRS audit.


Don’t take risks with your tax return. Our CPA firm employs powerful tax strategies to help clients minimize state and federal taxes and hold on to more of their hard-earned money. We help our small business clients by: