News, Articles & Blog Posts

Subscribe to Diane's Blog

May 20, 2020

The forgiveness application form does help address some administrative items such as providing additional clarity around “costs incurred but not paid” during the covered period, which is aligned with a recommendation by the AICPA.

May 19th, 2020

The Treasury Department a...

May 4, 2020

This notice provides guidance regarding the deductibility for Federal income tax purposes of certain otherwise deductible expenses incurred in a taxpayer’s trade or business when the taxpayer receives a loan (covered loan) pursuant to the Paycheck Protection Program un...

April 22, 2020

In the wake of the coronavirus disease 2019 (COVID-19) pandemic, lawmakers took unprecedented action last month and wound up passing the largest economic stimulus in history.

This stimulus, officially known as the Coronavirus Aid, Relief, and Economic Security (CARES) A...

April 16, 2020

A little extra cash could be just what you need to pay off some debt. But in these tough times, you might find that your stimulus check could be better spent on necessities, like groceries or rent.

These checks, up to $1,200 a person plus $500 per dependent are owe...

April 15, 2020

Sacramento –  In accordance with the Executive Order issued by Governor Newsom last night to expand tax relief for small business taxpayers, the California Department of Tax and Fee Administration (CDTFA) announced today that all small businesses will have an additiona...

April 15, 2020

During this time of uncertainty, we’re supporting California businesses so they can focus on their health and personal priorities.

Relief & Extensions for Filing Returns

Effective March 30, 2020 all taxpayers who file a return less than $1 Million dollars will have an ad...

April 8, 2020

What is the gig economy?

If you use any of the online platform applications available to:

  • rent a house

  • provide car rides

  • connect and provide a number of other goods or services

This is called the gig economy, also known as the shared, digital, or peer-to-...

April 1, 2020

Check IRS.gov for the latest information: No action needed by most people at this time

IR-2020-61, March 30, 2020

WASHINGTON — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next th...

March 30, 2020

New claim totals and guidance for workers and employers

Sacramento – The demand for Unemployment Insurance (UI) benefits has skyrocketed as the Coronavirus impacts hard working Californians and their families. For the week ending March 21, the EDD processed 186,809 UI c...

Please reload

Featured Blog Posts

Tax Reform Eliminates Deduction for Work Expenses, Mileage

November 13, 2018

1/5
Please reload

Recent Blog Posts

April 8, 2020

Please reload

Archive
Please reload