Latest News + Tax Updates

Stay up to date with the latest news and tax updates for California and Federal taxes.

Employee Retention Credit (ERC)

The Employee Retention Credit is a fully refundable credit against an employer’s payroll taxes for wages paid from March 12,...
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EIDL vs. PPP Loan

An EIDL is a loan of up to $2 million with a maturity of up to 30 years that's designed to help carry...
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Paycheck Protection Program Loans FAQ

To address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), the SBA and Department of...
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Coronavirus Legislation Update

Wednesday night, the Senate passed the anxiously awaited relief bill aimed at providing emergency relief to individuals, businesses and institutions...
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Overlooked Tax Deductions For Small Business Owners

Helpful tips for tax time.  Being a small-business owner isn’t easy. After all, balancing payroll, managing employees, drawing up marketing...
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End-of-the-Year Money Moves

Here are some things you might consider before saying goodbye to 2019.  What has changed for you in 2019? Did...
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No, That Is Not the I.R.S. Calling

Watch out for crooks impersonating I.R.S. agents (and financial industry professionals). Do you know how the Internal Revenue Service contacts...
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A Guide to 2018 Tax Law Changes (And More) Part III

6 The yearly SALT deduction is capped at $10,000. This is arguably the most controversial tax law change of 2018...
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A Guide to 2018 Tax Law Changes (And More) Part II

2. The standard deduction nearly doubles. While the personal exemption is gone (more about that later), the new law gives...
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