California Cannabis Update

California Cannabis Update

California has the largest legal marijuana market in the world and is on track to post a record $3.1 billion in cannabis sales this year, representing a 23% increase over 2018. As CPA’s and business advisors, one of the increasingly common questions we get from...
California Tax Traps on M&A Transactions

California Tax Traps on M&A Transactions

If you think it’s easy to structure the sale of a business to minimize taxes, think again. Over the last four decades, RJI CPAs has noticed a disturbing trend in California. When an owner sells the assets of a California company, they are going to pay California...
State Court Throws Contract Workers Into Upheaval

State Court Throws Contract Workers Into Upheaval

With the Dynamex decision, the California Supreme Court created new, unlegislated law with respect to the use of independent contractors; many companies continue to seek advice on how to mitigate the impact of that case. Dynamex, adjudicated in favor of California tax...
Challenges Facing the Hospitality Industry

Challenges Facing the Hospitality Industry

One of the biggest challenges for the hospitality industry is the balancing act between customer service and the related internal controls that go into running a hotel, resort or restaurant. While the benefits of exemplary customer service are obvious (e.g. more...