Annual Statement of Information required for CA Corporations and LLC’s
This is required to be renewed every year for your corporation and every 2 years for any LLC's that you might have in CA.
Deductibility of health insurance for employees and S-corporation Shareholder / Employees
In the below, we find that payments made by S-Corporations for employees health insurance is deductible for the corp and not taxable for the employees. However, for S-Corporation owners (more than 2%…
Gift Giving when 2 Spouses are involved.
This blog discusses the need to file 1 or 2 different form 709 Gift Tax returns if a gift is given in a community property State. As you might…
Fictitious Business Name statements expire every 5 years
All businesses must have on file within the County that they operate from, a registered and active Fictitious business Name statement. For Los Angeles County, Fictitious Business Name fillings in 5 years after submission. …