Category Archives: Tax News

Business Meals Are Deductible at 100%: Until December 31, 2022

As part of the Taxpayer Certainty and Disaster Relief Act of 2020, the Treasury Department...

Governor Newsom Signed Two Major Bills: SB 113 – Relating to the Passthrough Entity Elective Tax and SB 114 – Relating to COVID-19 Related Sick Pay

On February 9, 2022, Governor Newsom signed the following two bills: SB 113: Passthrough Entity...

California Property Tax Updates

Transferring the Property Tax Base. Before we get too far into the year, we wanted...

Eliminate the ‘SALT’ Deduction Cap?

What does SALT stand for, and what are the Pros and Cons? SALT is an...

Small Business Relief From State of California

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

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,...

What Is the Qualified Business Expense (QBI) Deduction?

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

Why Loading Up On Inventory to Beat a Tax Increase Can Be a Mistake

In late 2018, the United States government announced the new Excise Tax for products purchased...

Meals and Entertainment Deductions since the Tax Cut and Jobs Act

Since the new tax law, also known as the Tax Cut and Jobs Act (“TCJA”),...

2018 Year-End Tax Planning & Tax Update Conference

2018 Year-End Tax Planning & Tax Update Conference The year-end can be an intimidating time...

Airbnb Subject to Self-Employment Tax

Renting out empty rooms or your entire home on Airbnb can seem like an easy...

How Tax Reform May Affect Your Facility

On December 22, 2017, the New Tax Reform, also known as the Tax Cuts and...