After the recent storms in California, the Federal Emergency Management Agency declared that individuals and businesses that were affected by the storms now qualify for an extension on various tax returns. The […]
If you retained employees through COVID shutdowns, your business could be eligible for a tax refund of up to $26k per employee for tax years 2020 and 2021. Not only is it […]
Starting January 1, 2023, California minimum wages have increased yet again. Not only are the state’s base minimum wage rates increasing, individual cities, including San Diego are raising their minimum wages. We […]
If you run a small or medium-sized business, you are likely no stranger to outsourcing. You’ve probably worked with a marketing consultant, freelance graphic designer, or a contract web developer over the […]
Money is a stressful and often emotional topic for a lot of us, which makes smart financial choices particularly difficult to make. And that doesn’t go away when trying to make wise […]
When starting a business, you often have very few overhead costs. Most of us start as a one-person show working from home, and the initial prices we set for our services are […]
If you received COVID relief funds such as a PPP loan, an EIDL grant, Restaurant Relief Fund payments, or a Shuttered Venue Operation Grant, you are likely wondering if the payments are […]
If you are a high-income earner with a pass-through business entity, the new SALT cap workaround associated with California’s AB 150 Small Business Relief Act may be useful to you this tax […]
The California General Assembly has sent AB 80 to the Governor, and he is expected to sign it. AB 80 generally conforms to the federal treatment of PPP loan forgiveness and EIDL […]
As the year draws to a close, it is a perfect time to prepare for the upcoming tax filing requirements. One type of tax form that is due sooner than usual is […]
A $900 billion COVID-19 relief bill was just passed by both the House and Senate on Monday, December 21st. Although the bill now has to be signed by President Donald Trump before […]
The Tax Cuts and Jobs Act of 2017 included Section 1061 which stated that certain taxpayers that hold profits interests in partnerships must satisfy a three-year holding period to qualify for preferential […]
