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).
Do Landlords Need to File Form 1099-MISC?
January 18, 2019. All landlords should file Form 1099-MISC to qualify for important tax benefits including the 20% pass-through deduction.
Landlords Must Be In Business to Claim the 20% Pass-Through Tax Deduction
January 18, 2019. Learn about the new IRS safe harbor for landlords trying to establish that their rental activity is a business activity.
IRS Announces Standard Mileage Rate for 2019
January 01, 2019. The Internal Revenue Service announced the 2019 optional standard mileage rate for calculating the deductible costs of operating an automobile for business purposes.
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.
Supreme Court Case Changes Internet Sales Tax Rules
June 21, 2018. In its South Dakota v. Wayfair Inc. decision, the United States Supreme Court fundamentally changed the rules for collection of sales tax by Internet-based retailers.
Social Security and SSI Disability Benefit Amounts and COLA for 2018
January 1, 2018. The Social Security Administration has announced a 2% increase in Social Security and Supplemental Security Income (SSI) benefits.