This week we’re covering California’s health care mandate, specifically how the penalties are applied and how to reconcile the subsidy payments on the return.

This week we will be talking about the tax consequences of corporations relocating out of California.

This week we’re going over the details of the second round of economic impact payments.

This week we will be talking about the Employee Retention Credit.

This week we’re covering some of the new forms that we’ll be dealing with in the upcoming filing season.

This week we’re talking about the new Form 1099-NEC and some state filing issues.

This week we will be talking about all-inclusive Life Plan communities otherwise known as continuing care retirement communities.

This week we will be talking about Governor Newsom’s recent press release announcing immediate assistance for businesses impacted by COVID-19.

This week we have some answers to questions about PPP loan forgiveness and how to deduct expenses paid with loan proceeds, but the guidance raises more questions.

This week we’re covering some tax planning tips to consider before the end of the year.

This week we’re talking about reporting income for taxpayers who are independent contractors for federal purposes, but employees for California purposes.

This week we’re covering final regulations for certain estate and trust deductions.

This week we will be talking about a hot button election topic – Proposition 22 and Assembly Bill 5.

This week we’re covering the two tax-related California ballot propositions, which both would affect property tax law.

This week we’re covering payroll tax requirements and the associated penalties that can result from failing to file or pay those taxes.

This week we will be talking about your client’s sale of residence and some tips on how to compute the gain and exclusion.

This week we’re covering some CARES Act provisions that affect charitable contribution deductions and carryovers.

This week we’re talking about some reasons why businesses might want to wait until the end of their covered forgiveness period to submit their PPP loan forgiveness applications.

This week we’re covering a new credit that will provide some relief to California small businesses with $1,000 for every net increase in full-time equivalent employees.

This week we’re covering estimated tax payments and some considerations to keep in mind.

This week we’re covering some legislation that has moved on to the Governor to be signed or vetoed.

This week we’re talking about filing amended returns for partnerships subject to the centralized partnership audit regime.

This week we’re looking at two tax propositions that will be on the California ballot this fall.

This week we’re covering how to appeal decisions made by the SBA regarding PPP loan reviews and forgiveness.

This week we’re talking about worker classification and a federal case in which the taxpayer was able to prove her workers were independent contractors; although, we doubt the EDD would agree.