March 2020
Coronavirus (COVID-19) Tax Relief and California Updates
As we mentioned in our last post, taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus (COVID-19) pandemic. The Treasury Department and IRS announced that [...]
Coronavirus (COVID-19): Tax Relief for Small Businesses
Businesses across the country are being affected by the coronavirus (COVID-19). Fortunately, Congress recently passed a law that provides at least some relief. In a separate development, the IRS has issued guidance allowing taxpayers to [...]
Tax Filing and Payment Extension Due To The Coronavirus
The IRS moved the national income tax filing day ahead to July 15, three months after the normal deadline for Americans to send in their returns, in an effort to stem the financial pain from [...]
Supporting You During the Coronavirus
Dear clients, friends and community, We understand there is a lot of anxiety and stress caused by the unprecedented coronavirus pandemic that is affecting the local and global community. As Sonoma County and the Bay [...]
The 2019 Gift Tax Return Deadline Is Coming Up
If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2019 gift tax return. And in some cases, even if it’s [...]
Getting Help With a Business Interruption Insurance Claim
To guard against natural disasters and other calamities, many companies buy business interruption insurance. These policies provide cash flow to cover revenues lost and expenses incurred while normal operations are limited or suspended. But buying [...]