By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Tuesday, October 13, 2015. You must be cautious when analyzing the financial impact of California or local agency "rebate" programs, or incentives. In some cases, these measures can actually translate to additional taxable earnings from the...
California Corporate Subsidies Under Review
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Thursday, October 8, 2015. Recently, a California Senator has asked the Legislature's Joint Legislative Audit Committee to authorize an audit of California corporate subsidies. Senator Ricardo Lara noted concern that the subsidies that target specific...
If You Own Multiple Companies in California You May Be Able to Save Taxes by Combining Your Returns
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Tuesday, October 6, 2015. Many business owners who have multiple companies do not realize that there may be a hidden California tax benefit for them: Combine the Returns of All California Companies Owned and Lower...
Is Your Personal Information Safe with California Tax Agencies?
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Monday, September 21, 2015. The California state auditor reported last week that we Californians are at great risk when it comes to our personal information, health records and California tax returns. When you consider the...
California’s Centralized Revenue Opportunity System Consultant Resigns from BOE
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Thursday, September 17, 2015. The man in charge of the development of California's Centralized Revenue Opportunity System or CROS submitted his resignation to the Board of Equalization or BOE effective 9/23. The $309M CROS project...
The US Department of Labor Weighs In on “Employee v. Independent Contractor”
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Audits on Monday, September 14, 2015. The US Department of Labor has issued an update to it's own six factor test for whether to classify a person as an "employee" or an "independent contractor." This is a hotly...
Vice Chair of California Board of Equalization or BOE has Advice for Small Businesses
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Friday, September 4, 2015. The Vice Chair of the California Board of Equalization or BOE often conducts seminars for small business professionals to help them to avoid tax issues with the powerful California taxation authority. ...
California Businesses Affected by Wildfires to Recieve Tax Break
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Monday, August 3, 2015. There is a little relief for California businesses affected by wildfires. The California Board of Equalization or BOE recently announced that any business affected by a California wildfire may file for...
California EDD Reports Unemployment Rate Continues to Remain High
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Friday, July 31, 2015. The California Employment Development Department or EDD recently reported that California's unemployment rate dropped slightly from 6.4% in May to 6.3% in June. This is still well below the US average...