The Silver Lining of Decreased Income During the Pandemic

The Silver Lining of Decreased Income During the Pandemic

While many individuals are struggling financially during the COVID-19 pandemic, there are tax planning strategies that can be implemented now for long term income tax savings. Convert IRA to ROTH IRA – If the value of your IRA has taken a dive during this...
California’s Conformity to the Federal CARES Act

California’s Conformity to the Federal CARES Act

The California Franchise Tax Board (FTB) recently announced their conformity and non-conformity to the Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act.  Some important highlights are: The stimulus checks from the federal government enacted under the...