by | Nov 7, 2019 | In The News, News, Tax Alerts
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...
by | Sep 22, 2019 | In The News, News
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...
by | Aug 14, 2019 | In The News, Industries, News
If you are thinking of buying or selling a company, you have probably heard the term “due diligence.” What does this term actually mean? Although due diligence can essentially mean validating certain claims that have been made in any context (qualitative or...
by | Jul 22, 2019 | In The News, Industries, News
The Tax Cuts and Jobs Act has yielded just as many questions as answers since its inception. Restaurants structured as C-Corporations enjoy a 21% tax rate, while restaurants operating as “flow-through” entities enjoy the benefit of the 20% deduction of Qualified...
by | Jul 1, 2019 | In The News
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...
by | Jun 6, 2019 | In The News, Industries, News
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...
