Read About - Passthrough Entity Elective Tax Fix and Other Economic Relief On Its Way?February 3, 2022
The long-awaited fix to AB 150’s passthrough entity elective tax has been introduced in the California Legislature
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Read About - How LLCs Can be Recognized as Tax-Exempt OrganizationsJanuary 31, 2022
On October 21, 2021, the IRS released an advance version of Notice 2021-56 that sets forth standards that a limited liability company (LLC) must satisfy to receive a determination letter recognizing it as tax-exempt under section 501(a) and described in section 501(c)(3)
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Read About - Reforming Distribution Requirements for Donor Advised Funds and Private FoundationsJanuary 31, 2022
In the summer of 2021, The Accelerating Charitable Efforts (ACE) Act was introduced in the US Senate
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Read About - Cyber Insurance and Premium IncreasesJanuary 24, 2022
While businesses are susceptible to numerous physical dangers, including property damage, loss, and injury, your firm also faces hazards associated with technology use
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Read About - Major R&D Credit Changes Coming AheadJanuary 19, 2022
Two important changes to Research and Development (R&D) expenses are here and prudent taxpayers should begin preparing now
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Read About - Maximizing 199A Rental Income Deduction
Read About - California LLC vs. S Corp: A Complete GuideJanuary 17, 2022
The big question when forming a new business entity in California is what type of entity should be formed
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Read About - Accelerating Tax Deductions for Prepaid ExpensesJanuary 17, 2022
Accelerating deductions for prepaid expenses is a good way to save on your taxes for the current year
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Read About - CalSavers to Impose Penalties for Non-compliant EmployersJanuary 14, 2022
Beginning in January 2022 the CalSavers Retirement Savings Board will impose penalties on employers who have no other retirement program in place, have more than 100 workers, and have not registered for the CalSavers program
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Read About - New Business Vehicle Tax Deduction: Buy vs. LeaseJanuary 14, 2022
Are you wondering if you can benefit from a business vehicle tax deduction
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Read About - Selling a Small Business in Seven StepsJanuary 7, 2022
Selling a small business is a complicated process that necessitates a number of factors
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Read About - Employee Benefit Plan Audit: What It Is & Why Is It Important?January 5, 2022
What is an employee benefit plan (EBP) audit, and how can it help businesses
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