Mar 4, 2024 | Business Solutions Group, homepage-featured-post, Tax Compliance and Advisory, Thought Leadership
Important Federal Tax Tasks for Individual Taxpayers by April 15, 2024 File an income tax return (Form 1040) for 2023 and pay any tax due. You can request an automatic 6-month extension to file, but this does not extend your deadline to pay any tax due. Make the first...
Feb 14, 2022 | News & Events, Specialty Tax, Tax, Tax Compliance and Advisory
California Governor Signs into Law Taxpayer-Friendly Measures Related to California’s Pass-Through Entity Tax (PTE), Net Operating Loss Limitations and Other Provisions Overview Following the recent proposed budget by Governor Gavin Newsom, the California legislature...
Dec 10, 2021 | Specialty Tax, Tax, Tax Compliance and Advisory
OVERVIEW Existing law, known as the Golden State Scholarshare Trust Act, establishes the Golden State Scholarshare College Savings Trust, under the administration of the Scholarshare Investment Board, to provide financial aid for postsecondary education costs of...
Oct 25, 2021 | Specialty Tax, Tax, Tax Compliance and Advisory
CALIFORNIA ASSEMBLY BILL (AB) 46 Assembly Bill 466 authorizes the Franchise Tax Board (“FTB”) to share certain information with the State Controller’s Office related to unclaimed property. Beginning tax year 2021, the FTB will include additional questions for...
Apr 5, 2021 | Specialty Tax, Tax, Tax Compliance and Advisory
NEW MEXICO CHANGES Effective for tax years beginning on or after January 1, 2021, New Mexico has changed its sourcing rule for sales other than sales of tangible personal property (i.e., services and intangibles) from cost-of-performance based sourcing to market-based...
Jan 6, 2020 | Tax, Tax Compliance and Advisory
The Further Consolidated Appropriations Act, 2020 Overview and What’s to Come On December 20, 2019, the President of the United States signed into law an omnibus spending package, The Further Consolidated Appropriations Act (the “Act,” or H.R. 1865)....
