California Limits Business Credits to $5 Million Per Year
December 10, 2024
For the tax years starting January 1, 2024, and ending December 31, 2026, California is limiting the amount of business tax credit a taxpayer can use each year to $5 million. This applies to both corporate and personal income taxes.
California Temporarily Suspends NOL Deductions
December 05, 2024
The State of California recently decided to pause *net operating loss* (NOL) deductions for businesses and individuals for 2024, 2025, and 2026.
Why Engaging Experienced CPAs Early is Crucial in Mergers and Acquisitions
December 03, 2024
Mergers and acquisitions (M&A) are some of the most transformative events a business can undertake. Whether you're scaling for growth, entering new markets, or consolidating operations, these deals come with high stakes and intricate challenges.
No One Cares or Works as Hard as You, the Business Owner—But We Do.
November 13, 2024
As a business owner, there's one undeniable truth: no one cares about your business as much as you do. You've poured your heart, soul, and countless hours into building something from the ground up.
Year-End Tax Saving Strategies for 2024: Navigating Uncertainty During Election Year
November 05, 2024
As 2024 comes to a close, business owners are focusing on finishing the year strong. That said, since 2024 is a U.S. presidential election year, there is uncertainty around potential changes to tax laws and economic policies that can make financial planning more challenging.