CA's new law puts the onus on employers to prove that laborers are not employees.
Different owner payments have different tax implications. Make sure you prepare for the proper treatment before year end.
California has recently decided to adopt some of the more critical changes made by the TCJA at the federal level.
Changes in the tax law that take effect for partnership tax years ending after December 31, 2017 require a review of the operating agreement and new tax elections on your 2018 partnership tax return.
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.