Tax

The American Rescue Plan Act (ARPA) geared towards assisting both individuals and businesses was signed into law on March 11, 2021 by President Biden

The FTB has confirmed that California will follow the IRS filing and payment extension date of May 17, 2021, for individual taxpayers only

The American Rescue Plan Act has been approved by Congress and is on its way to President Biden, who is expected to sign the bill by the end of the week

Recent developments in artificial intelligence are revolutionizing how tax professionals carry out tax work

New tax credits will now be available to self-employed individuals who need to take family and sick leave

On February 27, the House voted on an Employee Retention Tax Credit extension through December 31, 2021

The recent election has given Democrats control of the House and Senate for the first time since 2011

Now that Democrats control both chambers of Congress and the White House, the Biden administration will be capable of making tax law changes under “budget reconciliation” procedures with a simple majority vote

Do business owners gain a tax advantage by hiring family members as employees