by Candy | May 27, 2020 | Business, COVID-19, Featured, News
Are you a sole proprietor or business owner who received a Paycheck Protection Program, otherwise known as the PPP, loan? Are you wondering the next steps in order to have your loan forgiven? The SBA has released the forgiveness application, although banks aren’t yet...
by Candy | Mar 31, 2020 | News, Taxes
In response to the COVID-19 pandemic, the IRS recently announced that the tax deadline to file 2019 returns has been moved from April 15th, 2020 to July 15th, 2020. This change was publicized after President Donald Trump’s emergency declaration according to the...
by Candy | Mar 24, 2020 | Business, News
We are dealing with an unprecedented situation. The global spread of a virus affecting how we live and operate our businesses. And as of yesterday, those of us in California were told we should shelter in place in our homes and all non-essential business should...
by Candy | Feb 18, 2020 | News
According to the IRS, taxpayers should be on the lookout for a new type of social security number phone scam. Recently, con artists have been calling unsuspecting taxpayers and threatening to suspend or cancel their Social Security numbers, citing unpaid or overdue...
by Candy | Jan 10, 2020 | Featured, News, Sales Tax
If you are an online merchant, you are likely aware of the Wayfair case, a 2018 ruling wherein the Supreme Court voted that states may charge sales tax for online purchases even if the seller has no physical presence in the state in question. However, since the ruling...
by Candy | Jan 3, 2020 | Business, News
The Department of Labor (DOL) has recently undertaken a revision of the Fair Labor Standards Act (FLSA,) which updates the earnings threshold necessary to be exempt from overtime, making 1.3 million workers newly eligible. In the past, “highly compensated employees”...