With the prospect that ordinarily tax deductible business expenses will still be deductible if they were paid for with forgiven PPP loan funds contained in the Coronavirus […]

California has begun their mandate of employer participation in the CalSavers Program.  The program’s 3-year phase-in is as follows:

S corporations can provide tax advantages over C corporations in the right circumstances. This is true if you expect that the business will incur losses in its […]

Owners of closely held corporations are often interested in easily withdrawing money from their businesses at the lowest possible tax cost. The simplest way is to distribute cash as […]

Small business owners are well aware of the increasing cost of employee health care benefits. As a result, your business may be interested in providing some of […]

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is referred to as the pass-through […]

Unfortunately, the COVID-19 pandemic has forced many businesses to shut down. If this is your situation, we’re here to assist you in any way […]

Timing of Non-Deductibility of Forgiven PPP Loan-Funded Expenditures

In guidance issued on 11/18/2020, the IRS has made it […]

If you recently launched a business, you may want to set up a tax-favored retirement plan for yourself and your employees. There are several types of qualified […]

The California Legislature passed, and the governor signed, Senate Bill 1447 (click here for FTB Bill Analysis) into law creating a […]