January 2021
Need Another PPP Loan For Your Small Business? Here Are The New Rules
Congress recently passed, and President Trump signed, a new law providing additional relief for businesses and individuals during the COVID-19 pandemic. One item of interest for small business owners in the Consolidated Appropriations Act (CAA) [...]
The COVID-19 Relief Law: What’s In It For You?
The new COVID-19 relief law that was signed on December 27, 2020, contains a multitude of provisions that may affect you. Here are some of the highlights of the Consolidated Appropriations Act, which also contains [...]
New Law Doubles Business Meal Deductions And Makes Favorable PPP Loan Changes
The COVID-19 relief bill, signed into law on December 27, 2020, provides a further response from the federal government to the pandemic. It also contains numerous tax breaks for businesses. Here are some highlights of the [...]
February 1 Is The Deadline For Employers To Issue And File Wage Statements
Employers must file Form W-2 and other wage statements by Monday, February 1, 2021. This is also the date Form W-2s are due to employees. By law, employers are required to file copies of their [...]
December 2020
New California Relief Grant Program For Small Businesses Opens Today
California small businesses can now begin applying for some extra relief as part of a $475 million grant program the state is offering. Round 1 for applications starts Wednesday, December 30th and runs through Friday, [...]
FTB Notices Regarding 2019 Tax Return Change
We will likely see an increase of FTB notices over the next few weeks for individuals that made 2019 CA extension payments after 4/15/2020. Our firm recently called on two notices and per the FTB [...]