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California Extends First-Year $800 Minimum Franchise Tax Exemption to LLCs, LPs, and LLPs
Effective January 1, 2021. California Governor Gavin Newsom signed the state’s 2020 Budget Act on June 29th. The new spending plan includes measures aimed at supporting small businesses struggling in the wake of the COVID-19 pandemic.
California Passes Gig-Worker Law, Assembly Bill No. 5 (AB5)
September 10, 2019. The California Legislature has passed a new law that dramatically changes the rules employers must use to determine whether workers are employees or independent contractors (IC).
New Social Security Numbers Announced for 2019
January 1, 2019. For those who receive benefits, there is good news: Social Security payments will increase by 2.8% for 2019.
The Tax Cuts and Jobs Act: Key Changes for Individuals
January 1, 2018. Here are some of the most important changes for your personal taxes under the new tax law.
The Tax Cuts and Jobs Act: Key Changes for Businesses
January 1, 2018. Here are some of the most important changes for businesses under the new tax law.
IRS Clarifies 50% Business Meal Deduction Under TCJA
October 8, 2018. The IRS has clarified that the tax deduction for business-related meals has not been eliminated by the TCJA.