Dear Valued Clients and Visitors: As our nation responds to COVID-19, our firm is taking precautionary measures by closely following and reinforcing the guidelines from the CDC and local health authorities. Our physical office is open on an intermittent basis. However, please be assured that we are open for business and ready to serve your needs.
If you have a tax problem or inquiry please call and if we are not in leave a message. A return phone call will be made within a short period of time. Now is the time to address your tax matter. We remain committed to our clients and colleagues through these unusual times. Please stay safe and healthy.
Anyone running a business knows the importance compliance and tax reporting requirements. It is critical to understand the various requirements in order to avoid tax penalties and criminal liability. One of the more important requirements involves 26 U.S. Code §...
An important decision every employer must make, with each individual providing any service to the company, is how to classify that person. Whether to classify someone as an employee or an independent contractor is an extremely important decision for employers. While...
State and federal law requires business owners to classify their workers in one of two categories: employee or independent contractor. The designation is important, as it will impact a business’ tax obligations, insurance needs and requirement to pay overtime. The...
To curb economic disruption caused by the pandemic, The White House is pitching an executive order to ease tax liabilities on workers and businesses by giving them a “tax holiday.” The holiday would halt the collection of payroll taxes, temporarily putting...
Taxpayers in California and across the United States have a short time window before the president's tax order goes into effect. But reports suggest many aren't ready for the transition.The deferral begins Sept. 1 and runs through the end of the calendar year....
The responsibilities associated with owning and operating a business are exponential. Whether you disagree with your partner, face an employee dispute or experienced a profit decrease since this quarter last year, every decision you make in your position can relate to...
The California public and legislators have classification of workers on their minds. Employers who violate the separate rules for independent contractors and employees can face stiff penalties and big bills for unpaid taxes and interest. In times like these, clients...
Owning a business that is not performing can be overwhelming. If the business is not generating enough income you may fall behind on required payments.Falling behind on your payroll taxes, however, can have negative consequences for both your business and you...
When you prepare taxes for your business, you try to avoid paying as much tax as possible. Sometimes doing so puts your business at risk of committing acts that the IRS may not think is legal.Walmart recently came under scrutiny for allegedly avoiding the payment of...
With the rise of the 21st-century gig economy, the line between an independent contractor and an employee is more blurred than ever. A high-profile 2018 court decision involving app-based companies like Uber, Lyft and Postmates limited the scope of whom employers...