California has recently decided to adopt some of the more critical changes made by the TCJA at the federal level.
The tax law made it possible for more wineries to elect the cash basis of accounting for tax purposes. Here's what you need to know.
HIghlights of the new Tax Law
We have pulled together some tools for individuals and businesses impacted by the CA Wildfires. A downloadable PDF version is provided at the bottom of this article.
The IRS has provided extended deadlines for parties impacted by the California Wildfires. (See downloadable PDF version.)