RogerRossmeisl

FEBRUARY 26, 2023

As reported in IR-2023-33 on 2/24/2023 Disaster-area taxpayers in most of California now have until October 16, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced last Friday. Previously, the deadline had been postponed to May 15, 2023 for these areas.

California 246

California Tax tax return CPA 246

RogerRossmeisl

JANUARY 14, 2021

The post California 1099-NEC Filing Requirements appeared first on Roger Rossmeisl, CPA. Nonemployee compensation may be subject to backup withholding if a payee has not provided a taxpayer identification number to the payer or the IRS notifies the payer that the TIN provided was incorrect PDF.

California 214

California tax return CPA Tax 214

RogerRossmeisl

SEPTEMBER 26, 2021

California Assembly Bill No. 50 (AB-50) established the California Main Street Small Business Tax Credit II, which will provide COVID-19 financial relief to qualified small business employers. The post California Main Street Small Business Tax Credit II Begins 11/1/21 appeared first on Roger Rossmeisl, CPA.

Maine 230

Maine California business tax Tax 230

CPA Practice

NOVEMBER 15, 2024

Top 30 accounting firm Aprio has entered the Southern California market by adding Kirsch Kohn & Bridge (KKB), a full-service CPA and advisory firm in Woodland Hills, CA. The Woodland Hills location marks Aprio’s third California office. Financial terms of the deal, which closed on Nov. 1, weren’t disclosed.

California 52

California Real Estate Construction Manufacturing 52

BurklandAssociates

OCTOBER 9, 2024

California’s new tax laws limit NOL deductions and tax credits for startups, raising potential tax burdens. The post Significant Tax Changes for California Startups Beginning in Tax Year 2024 appeared first on Burkland. Here’s what founders need to know to stay ahead.

California 147

California Tax 147

Withum

JULY 10, 2024

In California, net operating losses can be carried forward for 20 years. The loss suspension does not apply if either the net business income or modified AGI subject to California tax is less than $1 million. Let’s Chat The post California Suspends NOLs and Limits Credit Utilization appeared first on Withum.

California 125

California income tax Tax business tax 125

MyIRSRelief

MARCH 29, 2024

In the bustling city of Whittier, California, businesses face a myriad of tax-related challenges that can significantly impact their operations and financial health. For businesses in Whittier, California, engaging a tax professional who understands the intricacies of federal and state tax codes is crucial.

California 130

California tax services business tax Tax 130

MyIRSRelief

OCTOBER 28, 2022

In case you were not aware of what the FTB is, it is the California board that is responsible for collecting all of the personal income tax and business franchise taxes that are assessed every year for people and companies in California. The board uses several methods to collect owed taxes. Yee (State Controller). Final Thoughts.

California 130

California audit Tax income tax 130

RogerRossmeisl

NOVEMBER 26, 2023

California AB 2280 established a new Unclaimed Property Voluntary Compliance Program that waives interest for taxpayers who voluntarily come into compliance with unclaimed property reporting requirements. The post Unclaimed Property Voluntary Compliance Program Now Available in California appeared first on Roger Rossmeisl, CPA.

California 130

California CPA cpa firm business tax 130

LSLCPAs

JANUARY 16, 2025

The IRS has announced disaster tax relief for individuals and businesses in Southern California impacted by wildfires and straight-line winds beginning January 7, 2025. The post Disaster Tax Relief for Southern California Wildfire and Wind Disaster Victims appeared first on LSL CPAs. Who Qualifies for Disaster Tax Relief?

California 52

California Tax tax return cpas 52

CPA Practice

OCTOBER 12, 2023

Retail sales of guns and ammunition will soon be subject to a new state excise tax in California. California firearms and ammunition excise tax requirements As set forth in AB-28 , the excise tax is imposed on licensed firearms dealers, firearms manufacturers, and ammunition vendors. By Gail Cole. Are guns taxed in other states?

California 124

California Sales Tax Pennsylvania 124

Accounting Today

MARCH 19, 2024

The Bekkerman case held that California may tax a bundled cellphone at the full price as an unbundled cellphone, rather than the discounted price.

California 119

California Tax 119

CPA Practice

MAY 8, 2023

That idea is supported by migration data, recently released by the IRS, showing that taxpayers are leaving notoriously high-tax states like California and New York and choosing to live instead in low-tax states. New York and California gained some residents, but far fewer than the numbers lost. Census Bureau.

New York 125

New York California North Carolina South Carolina 125

MyIRSRelief

MARCH 15, 2024

In the bustling city of Whittier, California, individuals and businesses alike face the daunting task of navigating the complex world of taxes. The Role of Tax Relief Services Tax relief services in Whittier, California, specialize in addressing these challenges, offering a range of solutions tailored to individual and business needs.

California 130

California Tax tax return payroll 130

CPA Practice

MARCH 4, 2024

In October 2023, California became the first state to pass regulations for reporting greenhouse gas emissions (GHGs). companies that do business in California (not just those with a physical presence in California). companies that do business in California (not just those with a physical presence in California).

California 119

California accounting and finance Government Finance 119

MyIRSRelief

OCTOBER 3, 2022

The minimum combined 2022 sales tax rate for Los Angeles County, California is 10.25%. The California state sales tax rate is currently 6%. According to the IRS, in 2019, Los Angeles county residents had 4,806,030 total 1040 tax returns. This is the total of state and county sales tax rates.

tax services 147

tax services California Tax tax preparation 147

CPA Practice

FEBRUARY 6, 2023

By Samantha Gowen, Los Angeles Daily News (TNS) Tax filers in California who got a Middle Class Tax Refund and a corresponding 1099 form should wait to file their federal tax returns, the IRS said last Friday. California has sent out 6.4 The IRS, now two weeks into tax season, issued a statement Feb.

California 122

California Tax tax return tax preparation 122

CPA Practice

DECEMBER 18, 2024

A grand jury in San Diego has returned an indictment unsealed charging a California attorney with tax evasion, filing a false tax return and failing to file tax returns with the IRS.

California 98

California Tax tax return income tax 98

MyIRSRelief

JANUARY 26, 2024

However, getting an OIC accepted by the California Franchise Tax Board (FTB) can be a complex and challenging process. According to the California Revenue and Taxation Code Section 19443, the FTB may approve an OIC when it is in the best interest of the state.

California 130

California Tax tax return 130

Withum

JANUARY 12, 2023

For more information about the IRS’ relief provisions for California taxpayers affected by this winter’s storms, please see IRS CA-2023-02 and IRS Alert IR-2023-03. The post IRS Announces Tax Relief for California Taxpayers Affected by Winter Storms appeared first on Withum. Contact Us. Let’s Chat.

California 122

California Tax tax return payroll tax 122

TaxConnex

FEBRUARY 13, 2025

Others have their distinct sales tax but blend tax law with areas around them: The Cherokee Nation, for instance, has a sales tax on any business enterprise which is located on tribal lands but exempts sales to Oklahoma public schools.

Sales 213

Sales Tax Wisconsin Oklahoma 213

RogerRossmeisl

OCTOBER 8, 2020

I’m Roger Rossmeisl, a senior partner with Kho & Patel CPAs with offices in Southern California. or a seasoned automotive veteran looking to make a change to an Automotive CPA that understands your business. we need to talk. or a seasoned automotive veteran looking to make a change to an Automotive CPA that understands your business.

CPA 246

CPA cpa firm California cpas 246

MyIRSRelief

JUNE 28, 2024

The California Franchise Tax Board (FTB) conducts audits to ensure compliance with state tax laws and to verify the accuracy of tax returns. In California, EAs can also represent taxpayers before the FTB. Tax audits can be a daunting experience for any taxpayer.

audit 130

audit California Tax tax return 130

CPA Practice

MARCH 26, 2024

The Bay Area and California both lost thousands of jobs during February, a disquieting report that raises questions about the strength of the economy in the state and this region. The Bay Area continues to be the epicenter of job loss in California,” said Scott Anderson, chief U.S. By George Avalos, The Mercury News (via TNS).

California 110

California Construction Real Estate Healthcare 110

Accounting Today

OCTOBER 31, 2023

The Golden State is poised to fall well short of its budget forecasts as the recent stock market slump erodes the state's tax takings.

California 126

California Tax 126

TaxConnex

OCTOBER 7, 2021

California has presented to the governor for his signature AB 1402 , which requires marketplace facilitators to register, collect and remit specified fees on the retail sale of tangible personal property in the state. The gross sales tax take finished 15.9% over August 2020; income tax collections were up 13.9%. State Updates.

West Virginia 246

West Virginia Sales Alaska Tax 246

CPA Practice

MAY 16, 2024

Founded in 1957, Seiler has offices in Redwood City, San Francisco, San Jose, and Walnut Creek in California. The firm is also a member of HLB International, a global network of independent accounting and advisory firms with offices in more than 160 countries and jurisdictions.

California 105

California cpa firm CPA accounting and finance 105

CPA Practice

MARCH 26, 2025

The American Institute of CPAs and CalCPA, Californias state society of CPAs, recently filed a joint comment letter to the California Air Resources Board recommending clarifications to Californias climate risk disclosure rules.

California 66

California cpas 66

CPA Practice

JANUARY 9, 2025

The top 10 accounting firm said Thursday it will be adding 48 professionals to its management consulting practice from Blue Beyond Consulting, a San Francisco-based firm focused on the people side of business, in a merger that is expected to close on March 1.

California 130

California Management Consulting accounting firms accountant 130

MyIRSRelief

FEBRUARY 21, 2025

Running a business in Los Angeles comes with its fair share of challenges, and one of the most daunting can be navigating the complexities of Californias Employment Development Department (EDD) payroll tax requirements. For business taxpayers facing EDD employment payroll tax controversies, the stakes are high.

payroll tax 130

payroll tax payroll Tax audit 130

TaxConnex

MARCH 31, 2022

In a primer entitled “California Use Tax, Good for You. Good for California,” the Golden State says that those with a California seller’s permit must pay the use tax due on business related purchases with their sales and use tax return. California state income tax return.”. Still, you ignore it at your peril.

Alabama 246

Alabama Tax Washington California 246

Accounting Today

MARCH 26, 2025

The CPA organizations sent a joint comment letter to the California Air Resources Board asking for changes in the state's climate risk disclosure rules.

California 66

California CPA accountant accounted 66

Accounting Today

MARCH 16, 2024

Private equity-backed platform Ascend has added a new member firm in San Diego, LevitZacks.

California 119

California 119

TaxConnex

JANUARY 5, 2021

States like Georgia, will accept the retailer’s home state resale exemption certificate while California requires a California resale exemption certificate. States similar to California present a challenge as the only way to provide a valid resale exemption certificate is to register for sales tax purposes in the state.

Sales 246

Sales Tax Manufacturing California 246

TaxConnex

NOVEMBER 11, 2021

California Gov. Gavin Newsom has signed AB 1402 , which amends California’s sales and use tax law to require marketplace facilitators to register, collect and remit certain fees on the retail sale of various items of tangible personal property sold in the state. State Updates. The law takes effect on Jan.

Sales 49

Sales E-commerce Tax Illinois 49

CPA Practice

MARCH 8, 2024

Susana Guerrero SFGate, San Francisco (via TNS) California has a newly appointed Fast Food Council ahead of a state law that will increase the hourly pay for fast food workers to $20 on April 1. On Friday, Gov. When asked about the bakery exception by KCRA, Newsom said, “That’s part of the sausage-making.”

California 98

California 98

RogerRossmeisl

MAY 23, 2022

The statute of limitations is generally three years after you file your return (four years for California). You can throw some tax records away now You should hang onto tax records related to your return for as long as the IRS can audit your return or assess additional taxes.

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tax return Tax California audit 244