California has recently decided to adopt some of the more critical changes made by the TCJA at the federal level.
2018 brought changes in record keeping for expenses with income tax implications. We don't like dealing with all of those receipts either so read on for tips on using your phone to simplify your life.
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.