City of L.A. Business Tax Renewal 2/28/21 Deadline
February 18th, 2021
This is your final reminder that you must comply with the City of Los Angeles, Office of Finance annual Business Registration (Business Tax Renewal) by 02/28/21 if you are doing business in Los Angeles as: Independent contractor, self-employed, freelancer, sole proprietor, small business owner, partnership, fictitious business name (dba), loan-out co., LLC, C-Corp. or S-Corp. […]
Changes To California Health Insurance In 2020 & 2021
February 2nd, 2021
There were 4 major changes to California health insurance in 2020 & 2021. Here’s what you need to know: You are now required to have health insurance in California under a state mandate even though the federal mandate was lifted in 2019. You will be assessed a California state insurance tax penalty in 2020 and […]
Year-End Tax Planning Opportunity: Conference Period Ends 12/18/20
December 1st, 2020
We sincerely hope that you enjoy the holidays to provide closure for this particularly challenging year. We look forward to a great 2021! Start Tax Planning Now We have a couple of weeks to project your 2020 tax results and make last-minute tax-saving recommendations. Whether you simply wish to anticipate the outcome of this year’s filings to prepare […]
Last Chance For 2020 Entity Formation: Set Up an LLC or Corp. for 2020 by November 30th
November 17th, 2020
If you are starting a business, an LLC taxed as S-Corp. offers many advantages, including personal liability protection, reduced self-employment taxes, and possibly even reduced audit risk. A C-Corp. with the new lower corporate tax rates can also make sense in some cases. We can help you make the business entity decision and we can set up […]
September 15th Final Deadline: S Corporations and Partnerships
September 1st, 2020
S Corporation and Partnership Tax Filing Deadline for Extension is September 15th S corporation (Form 1120S) and partnership (Form 1065) tax returns for entities who use the calendar tax year were due March 15th. The extension to file gives you 6 months extra time to file until the September 15th deadline. There are no […]
