March 22, 2021
March 15, 2021 marked the one-year anniversary of the Shelter in Place mandate. Shortly thereafter, on March 17th, the United States Treasury and Internal Revenue Service announced for the second time in...
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March 3, 2021
As COVID-19 continues to limit our work environment, many employers are continuing to encourage or require their employees to work from home. There are several tax considerations to be aware of regarding...
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January 14, 2021
Starting in 2021, any business, including sole proprietors, regardless of size, that pays at least $600 for services performed for their trade or business by a person who is not an employee...
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November 16, 2020
Everyone will agree that 2020 has been one of the most unusual years we have ever experienced. Many are relieved that the year is quickly coming to a close. With Joe Biden...
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November 7, 2020
Has Sheltering-In-Place given you the time to brainstorm some new business ideas? Entity selection and the resulting tax consequences are hot topics, and we can help! The best entity choice is one...
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May 29, 2020
In 2019, Governor Newsom signed Assembly Bill 5 (AB 5). Under AB 5, most California workers are presumed to be employees unless a hiring entity satisfies a three-factor test known as the...
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April 8, 2020
As the coronavirus (COVID-19) continues to affect local communities and global economies, we would like to address your concerns about your company’s financial well-being as well as the welfare of your employees....
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April 6, 2020
In response to the COVID-19 (coronavirus) pandemic and its impact on the economy, the federal government enacted the Coronavirus Aid, Relief, and Economic Relief (CARES) Act (P.L. 116-136). The $2.2 trillion price...
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March 1, 2020
As we launch into another tax season, clients often ask us about how long specific documentation should be retained. Disposing of records prematurely can create potential tax and legal headaches that could...
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January 24, 2020
As 2019 drew to a close, Congress enacted a slate of new tax laws that will impact you in 2020 and beyond. Below is a summary detailing a few of these key...
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