by Christine Abellera | Aug 16, 2022 | tax
To combat rising inflation, California Governor Newsom signed Assembly Bill 192 Better for Families Tax Refund. A total of $9.5 billion will benefit 23 million Californians, and it will not be taxable on your California income tax return. How do I qualify? To qualify... 
by Christine Abellera | Jul 18, 2022 | tax
In 2021 and 2022, Americans experienced a number of natural disasters, including wildfires in California, New Mexico, and Colorado; the deadly Hurricane Ida impacting Louisiana, New Jersey, and New York; and severe storms throughout Washington and Tennessee. Natural... 
by Alana Syrian | Jul 11, 2022 | tax
In the highly regulated cannabis industry much needed tax relief has been passed in California. Cultivation Tax Eliminated On June 30, 2022 California enacted Assembly Bill 195 (AB 195) which eliminates the weight-based cannabis cultivation tax. Effective July... 
by Sara Raby | Jul 6, 2022 | tax
Due to rising gasoline prices, the IRS has announced an increase of 4 cents for the standard mileage rate for the last 6 months of 2022. The 2022 mileage rates are: 1/1/22-6/30/22 is 58.5 cents a mile 7/1/22-12/31/22 is 62.5 cents a mile The medical and moving mileage... 
by Cory Carroll | May 31, 2022 | tax
An important deadline is on the horizon for California business owners. By June 30, 2022 employers with an average of five or more employees in California for 2021 are required to have a retirement plan in place for workers — either through a private-market option,... 
by Joyce Kandt | Mar 14, 2022 | tax
With the 2021 tax filing season underway, it is important for taxapyers to review their tax saving opportunities, especially as they relate to the Employee Retention Tax Credit (ERC). Overview of the Employee Retention Credit Since enacted in March 2020 as... 