The end of the tax year is fast approaching for many businesses, but their ability to engage in traditional year-end planning may be hampered by the specter of looming tax
State Taxes Impact Business Sales, Too
For a business owner to successfully negotiate the sale of a business, it is critical to understand the tax implications. Armed with this knowledge, you can assess the impact of
Worker Classification is Still Important
Over the last year, many companies have experienced “workforce fluctuations.” If your business has engaged independent contractors to address staffing needs, be careful that these workers are properly classified for
New CA SALT Cap Workaround Saves Federal Taxes
What is the CA Salt Cap Workaround? California has joined the growing list of states that have enacted a SALT cap workaround. California Governor Gavin Newsom recently signed Assembly Bill
Consider Taxes Before Moving Out of State
With so many people working remotely these days, it has become common to think about moving to another state — perhaps for better weather, to be closer to family or
Will Changes to CA’s PPP Loan Bill Affect Your Business?
2020 California PPP Law Explained California enacted a law in late 2020 allowing businesses to exclude PPP loan amounts under the federal CARES Act for state tax purposes, but denying
$1.9 Trillion American Rescue Plan Act
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARPA). This $1.9 trillion stimulus package contains extensions to unemployment, stimulus payments and provisions for small
New Law Extends Opportunity for Businesses to Claim Employee Retention Credit
The Consolidated Appropriations Act of 2021, signed into law in December 2020, modified some of the CARES Act provisions, including expanding Employee Retention Tax Credit (ERTC) eligibility and extending the
