Read About - You Must Reserve Small Business Hiring Credit Now or Lose ItNovember 17, 2020
The CDTFA will begin taking tentative credit reservations on December 1 for the new Small Business Hiring Credit
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Read About - Potential Tax Changes under BidenNovember 17, 2020
Election Day – or “week” – is now officially over, with Joe Biden as the apparent President-elect
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Read About - 2021 Cost of Living Adjustments for Retirement PlansNovember 17, 2020
The IRS has announced cost of living adjustments (COLA) applicable to qualified retirement plans for 2021
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Read About - SBA Questioning “Loan Necessity” for PPP Loans Over $2 MillionNovember 9, 2020
The SBA has announced two new PPP forms: Form 3509, Paycheck Protection Program Loan Necessity Questionnaire (For-Profit Borrowers); and Form 3510, Paycheck Protection Program Loan Necessity Questionnaire (Non-Profit Borrowers)
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Read About - 2020 Draft Form 1065 Instruction Indicates Changes in Partners’ Capital Account ReportingNovember 9, 2020
The IRS has released an early draft of instructions for 2020 Form 1065, U.S
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Read About - Social Security Tax Increases Outweigh BenefitsNovember 9, 2020
The Social Security Administration (SSA) recently released key numbers that show an increase in the Social Security Tax
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Read About - When Does a Resident Become a Nonresident?October 29, 2020
According to a recent SFGate poll, 53% of Bay Area residents interviewed want to leave California
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Read About - 2020 Tax Data ScheduleOctober 29, 2020
Brooke Sigler, Windes Senior Tax Manager, and Samantha Moses, a Tax Senior, have produced a user-friendly tax data schedule for 2020 (which is also included in the November 2020 issue of CalCPA Magazine under Fast Tax Facts)
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Read About - October 2020 Audit & Assurance NewsletterOctober 14, 2020
New FAQs address health care entity pandemic accounting
New frequently asked question guidance for health care entities on pandemic-related questions have been added to a list that was first posted August 3
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Read About - Extended Deferral Period for PPP Loans ClarifiedOctober 9, 2020
The Small Business Administration (SBA) released clarifying guidance in a FAQ on Wednesday, October 7, related to the extended deferral period of Paycheck Protection Program (PPP) loans as provided for in the Paycheck Protection Flexibility Act of 2020 (Flexibility Act) that was enacted in June
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Read About - IT vs. Information Security
Read About - Business Tax Relief, California Follows Federal COVID-19 Tax RulesSeptember 29, 2020
California Governor Gavin Newsom has recently signed a bill regarding COVID-19 business tax relief
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