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Pay Bill California SB 132 Extends the Pass-Through Entity Elective Tax — and Changes the Rules
On June 27, 2025, Governor Newsom signed Senate Bill 132 (the 2025-26 budget trailer bill) into law. The measure delivers several tax changes, but the...
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Q2 Estimates and PTE Payments Due June 17th
As we navigate through the second quarter of the year, it's crucial to stay on top of your tax obligations to ensure...
Tax Tips When Buying the Assets of a Business
After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you’re buying a business,...
Important Reminder on Mandatory e-Pay and S-Corporation Pass-Through Entity Tax
We hope this message finds you well. As we navigate through the financial year, we would like to draw your attention to...
Important: More Passthrough Entity Tax Problems
Due to an issue with some software providers, many passthrough entity tax payments made with 2022 vouchers have been improperly applied to...
2022 Pass-through Entity Elective Tax (PTE) Payment Due June 15
Beginning with the 2022 taxable year, taxpayers wanting to make election for 2022 tax year must make a pre-payment by June 15,...
