Category Archives: Tax News

Small Business Relief From State of California

More relief for small businesses – this time from the State of California! Governor Newsom...

Tax Planning 2020 – Part THREE

Part THREE: Required Minimum Distributions and 401(k)s SO much has happened this year and SO...

Tax Planning 2020 – Part TWO

Part TWO: The CARES Act, Net Operating Losses, and Cash Flow So much has happened...

Tax Planning 2020 – Part ONE

Part ONE: The Pandemic (PPP loans), The Election, and Technology INSIDER’S TIP: Start Tax Planning...

PPP Loan Forgiveness: Good News, Bad News, and Oh, What a Surprise. Not!

Treasury and the SBA have issued precious little additional guidance since our Webinar last Thursday,...

You Just Got Your PPP Loan Proceeds. Now What?

We all just went through an incredibly difficult process of calculating and applying for our...

Scammers Posing as IRS Soliciting Information for Stimulus Checks

UPDATED APRIL 30, 2020 Beware!  Scammers and criminals are out in full force now that...

The Employee Retention Credit: One More Bit of Relief from the CARES Act

If you did take out a Paycheck Protection Plan loan, you can stop reading.  Congratulations!...

Small Businesses with Less Than $1 Million in Taxes Owed to the CDTFA Now Have Extra 90 days to File and Make Payments

More relief for small businesses! Governor Newsom signed an executive order on March 30th that...

Paycheck Protection Program Loans (PPPL): 20 critical questions answered

Please note: On April 8, 2020 we added the update below to this article originally...

Using Payroll Tax Credits for Coronavirus Paid Leave

We want to make sure you know about the latest COVID-19 relief factors for your...

IRS Extends Federal Tax Filing Deadline: Tax Day Moved to July 15, 2020

Treasury Secretary Steven Mnuchin announced on Friday, March 20, that “at President Trump’s direction, we...

IRS Extends Tax Payment Deadline: 90 Extra Days to Pay 

Due to the COVID-19 pandemic, individuals and businesses will have an additional 90 days to...

Tax Planning—What, When, & Why

Tax planning is the process by which we make sure you are paying the right...

What Is the Qualified Business Expense (QBI) Deduction?

. . . and WHAT’S the RUCKUS? Here’s the ruckus: This deduction, created by the...