Prior Newsletters

2019 Business Taxpayer Newsletters

LLC members may be subject to back taxes and penalties if they underpay self-employment tax. Find out if you could be at risk. Learn more: LLC Members Subject to Self-Employment Tax

Most C corporations are seeing a significant tax cut under the Tax Cuts and Jobs Act. But there are still certain tax vulnerabilities for these entities that haven’t changed much. Fundamental Tax Truths for C Corporations

Enhanced depreciation-related tax breaks for certain business real estate investments, such as qualified improvement property, may offer substantial savings when you file your 2018 tax return. Learn more: Depreciation-Related Breaks

Do you know what the Section 179 expensing limit is for 2019? Or how much you can allow your employees to contribute to their 401(k) plans this year? Find out these amounts and other annual inflation adjustments affecting businesses. 2019 Businesses Tax Limits 

Businesses generally can determine their vehicle expense deductions either by calculating the actual expenses or using the IRS’s standard mileage rate, which has increased for 2019. Here’s what you need to know: 2019 Mileage Rates

If you’re like many business owners, you pay out annual bonuses to attract, retain and motivate employees. Depending on the circumstances, paying bonuses in early 2019 might reduce your 2018 tax liability. Read more here: Year-End Bonuses

With the new year comes the need for small-business owners to begin thinking about filing their 2018 income tax returns. The TCJA could significantly alter your tax liability compared to previous years. So refresh yourself on its major provisions. Read more here: Major tax law changes for small-Business Owners.pdf

Your exit strategy may not be the first thing that comes to mind when thinking about tax planning for your business. But it should be a key element. Read more here: Exit Strategy

Out-of-State Retailers - New Use Tax Collection Requirements taking effect April 1, 2019. Read more here: Sales Tax Special Notice

Key tax-related deadlines affecting businesses and other employers during the first quarter of 2019. Read more here: 2019 Q1 Tax Calendar

2018 Business Taxpayer Newsletters

6 last minute tax moves for Businesses. Read more here:  6 Last Minute Tax Moves 

Can a PTO contribution arrangement help your employees and your business? Read more here: PTO Contributions

Key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2018. Read more here: 2018 Q4 Tax Calendar                    

Does your business reimburse employees’ work-related travel expenses? If you do, you know that it can help you attract and retain employees. Read more here: Employee Travel Expense Reimbursement

Businesses aren't immune to tax identity theft. Read more here: Businesses and Tax Identity Theft 

Tax-free fringe benefits help small businesses and their employees. Read more here: Tax-Free Fringe Benefits

Research credit available to some businesses for the first time. Read more here: Research Credit  

Reduce your 2018 tax liability by buying business assets. Read more here: Buy Business Assets       

It's not too late: You can still set up a retirement plan for 2018. Read more here: Retirement plan for 2018

More businesses are now eligible to use the cash method of accounting for federal tax purposes. Read more here: Cash Accounting

When holiday gifts and parties are deductible or taxable. Read more here: Holiday Gifts and Parties

2018 Individual Taxpayer Newsletters

Selling your home? Read more here: Selling Your Home

CA State Controller has announced Property Tax Postponement Program. Read more here: Property Tax Relief