This week we’re clarifying when you need to send a 1099-NEC to the FTB, along with some deadlines coming up at the end of January.

This week we’re covering changes to MyFTB that will allow for faster registration.

This week we’re covering the FTB’s recent self-correct letter campaign to Schedule C filers.

This week we’re covering the approaching due date for repaying the first portion of any social security taxes that an employer may have deferred.

This week we’re covering some year-end tax planning tips for individuals and businesses.

This week we’re covering some issues with making passthrough entity elective tax payments and what need to know about the process.

This week we’re covering verification letters that lenders and other third parties often ask tax professionals to provide, and the pitfalls of providing these letters.

This week we’re covering the taxability of paid family leave benefits offered by a private employer.

This week we’re covering letters the EDD is sending out to recipients of pandemic unemployment assistance benefits asking for employment verification.

This week we’re covering some recent guidance on the 100% meals deduction as it relates to taxpayers who use the per diem rates.

This week we’re covering some of the tax provisions contained in the Build Back Better Act, which still has yet to be voted on.

This week we’re covering frequently asked questions about the passthrough entity elective tax.

This week we’re looking at a new IRS form for reporting shareholder basis.

This week we’re talking about some forms changes to be aware of for the 2021 tax year.

This week we’re covering how the passthrough entity tax affects California tentative minimum tax.

This week we’re covering the passthrough entity tax enacted by AB 150 and how it interacts with nonresident withholding.

This week we’re looking at IRS Letter 6470 that some taxpayers are receiving regarding their Recovery Rebate Credit, and how to deal with this notice.

This week we’re covering notices the FTB is sending to certain LLCs and corporations.

This week we’re covering some of the tax provisions proposed as part of the federal Build Back Better Act.

This week we’re covering more questions and answers regarding California’s new passthrough entity tax.

This week we’re covering when to consider filing an amended return following the IRS automatically correcting returns for taxpayers with unemployment income.

This week we’re covering the CalSavers program requirements and registration deadlines, because it’s important to understand how the program works to avoid major penalties for failure to comply.

This week we’re covering the net operating loss suspension for high-income taxpayers.

This week we’re covering the reenacted Main Street Hiring Credit for small businesses.

This week we’re covering some surprising guidance from the IRS on the Employee Retention Credit.