Tax Advisory

The Internal Revenue Service has announced that it will extend the 2020 individual tax filing due date from April 15, 2021 to May 17, 2021. This will grant taxpayers an additional month to file [...]

The recently signed American Rescue Plan Act of 2021 provides tax relief for both individuals and employers as the country continues to recover from the COVID-19 pandemic. Below, we will go [...]

On December 27, 2020 President Trump signed The Consolidated Appropriations Act, 2021. This Act includes extensions on some of the provisions of earlier COVID-19 relief bills and initiates a [...]

California Governor Gavin Newsom has announced a grant of $500 million for small businesses and nonprofits that were impacted by COVID-19 and health and safety regulations. Through January 8, [...]

On November 3, 2020, California voters passed Proposition 19 by a narrow margin.  Proposition 19 enacts significant changes to the State’s property tax laws—some positive and some negative. A [...]

On September 9, 2020, California’s Governor Newsom signed Senate Bill 1447 establishing the Small Business Hiring Tax Credit. This bill provides financial relief to qualified small businesses [...]

As the Paycheck Protection Program (PPP) has been in place for several months, recent updates and guidance have been released to provide clarification on applying for eligible PPP loan [...]

The Affordable Care Act (ACA) was enacted in March 2010 and had three primary goals: increase the availability of affordable health insurance to more people, expand the Medicaid program for [...]

The Paycheck Protection Program (PPP) for businesses and the self-employed has been a hot topic for the last few months. In summary, under this program the Small Business Administration provides [...]

Payroll Tax Credits for Employers during COVID-19 crisis On March 18, 2020, the President signed the Families First Coronavirus Response Act which provides increased funding for various programs [...]