Jan 7, 2021 | Entrepreneur & Family Owned Businesses, Family Owned Businesses, International, Tax
Exemption For U.S. citizens and U.S. domiciliaries – the maximum estate tax rate is 40 percent with an exemption amount for 2021 of $11,700,000, indexed for inflation. For non-U.S. domiciliaries subject to the U.S. estate tax – the maximum estate tax rate is...
Nov 13, 2020 | Entrepreneur & Family Owned Businesses, Family Owned Businesses
California Assembly Bill 85 was signed by the Governor on June 29, 2020. It disallows a California net operating loss (NOL) deduction for any taxable year beginning during 2020, 2021 and 2022. The disallowance applies only to taxpayers with taxable income or...
May 14, 2020 | Entrepreneur & Family Owned Businesses, Family Owned Businesses
Good news with the recent FAQ’s # 45, #46, and #47. All of you with loans under $2M will be deemed to have made the loan request in good faith. Those with loans above $2M and when reviewed, if it is determined that the request was not in good faith, the lender will...
Apr 28, 2020 | Family Owned Businesses
Monday, April 27th the second funding opens up at 7:30am PST. If you were approved (and hopefully now funded) in the first application period, great. If not funded yet, call your banker. If you were not approved in the first funding, verify with your banker: 1. Your...
Mar 27, 2020 | Family Owned Businesses, Franchise
California State Treasurer Fiona Ma’s Small Business Resource List Click the links above for the full resource list in printable format.
Jan 7, 2020 | Audit, Entrepreneur & Family Owned Businesses, Family Owned Businesses
The AICPA & CIMA have issued a comprehensive Audit Risk Alert featuring 2019/20 General Accounting and Auditing Developments. SingerLewak Partners, Jeremy Dillard and Manda Dinkel were technical reviewers for this release. The full report is...
