California has recently decided to adopt some of the more critical changes made by the TCJA at the federal level.
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.)
Do you have proper documentation of your business expenses? If your expense is less than $75, documentation is not required, otherwise, you can use your mobile device.
Certain employers who provided health care coverage to employees in 2015 will be subject to new reporting requirements when they file information returns with the Internal Revenue Service (IRS) beginning in February of 2016.