Taxation

Until September 2nd, 2020, CA EDD auditors had put audit cases on hold in order to assist the agency with the unemployment insurance benefits process.  With the onset of the COVID-19 layoffs and the increase in administrative requirements that brought, California EDD did not have enough manpower to complete and process the millions of UI claims. Some business owners who had

If you notice that your parents are having difficulty managing their finances, immediate intervention is crucial. Poor money management poses a direct threat to their financial and personal well-being. It also jeopardizes your future financial security because they can easily squander their assets and, as a result, your inheritance in no time. As such, you—like so many other adult children—are

When faced with a request from the IRS, particularly Form 9297, it’s understandable to feel a mix of confusion and concern. This form is sent out by a revenue officer who is requesting specific documents or information from you by a specific date.  If you fail to comply, the consequence is typically an IRS levy on your bank accounts. While

2023 was a year with plenty of challenges for private equity and M&A as a whole:

  • PE capital deployed in the US declined by 29.5% on the year and value derived decreased by 26.4%
  • PE borrowing rates have remained high and are still near double the levels at which they stood at the start of 2022.
  • While not as depressed

As your parents age, it is important to get them the assistance they need to maintain financial and personal security. Age-related cognitive decline makes managing finances and avoiding scams difficult, and failing to get your parents help can ultimately hurt your financial future if you stand to inherit from them. Setting up and getting help managing a trust for elderly

As your parents age, are you noticing bills going unpaid, mail around their home going unopened, large or unusual withdrawals from accounts, reckless spending, unusual explanations for financial matters, or increased difficulty making simple calculations or transactions? These are often tell-tale signs of having trouble managing their finances, and getting help is paramount. Acting quickly is important to ensure they

The Internal Revenue Service (IRS) is ushering in a wave of improvements designed to empower small business taxpayers. These changes, set to enhance phone service, in-person interactions, and online options, aim to provide seamless assistance tailored to the unique needs of small businesses.

Let’s take a look.

The Catalyst: Inflation Reduction Act (IRA)

The driving force behind these forthcoming enhancements

Recently, businesses have experienced an increase in inquiries from the Small Business Administration (SBA) regarding the forgiveness of Paycheck Protection Program (PPP) loans that were previously forgiven. This raises a critical question: Can the SBA go back and retract forgiveness on a PPP loan that is already forgiven?

The answer: Yes, the SBA has the authority to go back and