This week we’re covering the CARES Act fix regarding qualified improvement property.
This week we’re talking about making S corp elections, including how to make a late election and what criteria a corporation has to meet in order to do so.
This week we’re talking about an extension of time for rolling 2020 required minimum distributions back into a retirement account.
This week we’re covering some last-minute filing tips and reminders as we approach the July 15 filing and payment deadline.
This week we’re covering the California health care mandate, including an inflation-adjusted penalty increase.
This week we’re talking about some issues taxpayers may be facing come July 15 when estimates and 2019 tax payments are due.
This week we’re talking about California conformity to various provisions of the Families First and CARES Acts.
This week we’re covering residency audits and what the FTB is looking for and what kind of information they already have.
This week we have an update on AB 5 and worker classification, which is still a focal point in Sacramento even with all of the pandemic-related happenings.
This week we’re covering paycheck protection program loan fraud and the next round of legislation regarding this program.
This week we’re covering some recent guidance regarding extensions for §1031 exchanges.
This week we’re covering recontributions to §529 plans of refunded education expenses.
This week we’re covering net operating loss carrybacks under the CARES Act.
This week we are covering some guidance from the IRS about economic impact payments sent out to deceased taxpayers and what to do about those payments.
This week we’re covering the suspension of the RMD requirement for 2020, as well as some considerations and remaining questions on this issue.
This week we’re covering a federal issue: the paycheck protection program loans and some common questions we’ve been getting about partnerships, loan forgiveness, and use of funds.
This week we’re covering the small business accounting method simplification provision, and making a retroactive election.
This week we’re talking about how a refund could show up in an unexpected year and why that sometimes happens.
This week we’re covering some lawsuits that were recently filed in the wake of the passage of AB 5.
This week we are talking about how changes to the federal W-4 have affected what is filed with the California Employment Development Department.
This week we’re talking about the involuntary dissolution program that the FTB will launch in January 2020
This week we're covering a bill that impacts tax and retirement provisions and whether California conforms.
This week we are talking about another round of FTB letters to taxpayers who should have filed a Form 3840 to report a like-kind exchange.
This week we're talking about how identity theft affects the filing process, especially in years following the year of the theft.