Exciting news for home based food businesses with the passage of AB-626 by Governor Brown in September. The new law has now made it permissible
Category: Business
Meals and Entertainment Expenses per TCJA Tax Reform
The IRS has issued Notice 2018-76, that provides guidance on the business expense deduction for meals and entertainment. This is in light of the Tax
California SB 274 – Administration of Taxes: Notice of Deficiency Assessment
SB 274 Governor Brown signed SB 274, which generally conforms to the new federal centralized partnership audit regime. The new regime allows the IRS to
AB 2503 Lets California FTB Dissolve Inactive Companies
Governor Signs AB 2503 Governor Brown has signed AB 2503, which makes a domestic corporation and a limited liability company subject to voluntary or involuntary
October 2018 Tax Newsletter
Disaster Relief Several recent laws affect disaster relief for taxpayers. What does that mean for you? The Tax Cuts and Jobs Act (TCJA) removes the deductions for
Third Quarter Estimated Tax Payment Due September 17
Why Pay Estimated Tax To avoid interest and penalties, you must make sufficient federal and state income tax payments long before your April filing deadline
September 2018 Tax Newsletter
Tax Notes If you own a pass-through entity such as a partnership, S corporation, LLC or sole proprietorship, look for information soon about the Qualified
2018 Taxes Affected by TCJA 2017 Tax Reform
Tax Reform 101 The Tax Cuts and Jobs Act of 2017 officially starts affecting tax returns Jan 1, 2018, so your taxes next January will
August 2018 Tax Newsletter
Tax Notes The Tax Cuts and Jobs Act raised the Child Tax Credit from $1,000 to $2,000. Of this, up to $1,400 can be a
Office Closed Until Sept 1st
Our tax office will be closed for appointments April 19th – Aug 31st. Please contact IRS or your state taxing authority for tax questions.