California Tax Updates for February 17th
Update 1: California’s Franchise Tax Board (FTB) has reopened. In a public service bulletin the FTB announced that beginning Feb. 1, 2021,...
Update 1: California’s Franchise Tax Board (FTB) has reopened. In a public service bulletin the FTB announced that beginning Feb. 1, 2021,...
February 1 deadline: Employers to issue and file wage statements; Businesses to provide Forms 1099-MISC and 1099-NEC to recipients By law, employers...
There’s a new IRS form for business taxpayers that pay or receive certain types of nonemployee compensation and it must be furnished...
A new federal form, Form 1099-NEC (nonemployee compensation), must also be filed in California. This form is for use by payors beginning...
The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of January 11. If you’re fortunate to get...
COVID-19 has shut down many businesses, causing widespread furloughs and layoffs. Fortunately, employers that keep workers on their payrolls are eligible for...