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...
Aug 27, 2021 | International, Tax
The Framework, released by Finance Chairman Wyden and Senators Brown and Warner on August 25, outlines options for making changes to US international tax provisions enacted as part of the 2017 Tax Reform Act (the 2017 Tax Cuts and Jobs Act, or the 2017 Act)....