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[Tax Update] Trump’s Tax Reform

By Webmaster | January 8, 2018

Both the House of Representative and Senate passed the final version of the Tax Cuts and Jobs Act, which will be in effect beginning 2018. Brief summaries of new tax laws are as follows: The…

California –Corporate, Personal Income Taxes: Budget Bill Signed; Teacher’s Credit Repealed; Collection Fees Set

By Webmaster | August 29, 2017

Ending a six-week stalemate, California Governor Arnold Schwarzenegger has signed the state’s budget bill (S.B. 77) with no tax increases; however, S.B. 87, a budget trailer bill accompanying the budget bill, repealed the teachers’ credit…

The Social Security Administration (SSA) is reminding employers on several issues:

By Webmaster | August 29, 2017

2007 Changes to the EFW2 & EFW2C Social Security has changed the name of publications Magnetic Media Reporting and Electronic Filing of W-2 Information (MMREF-1), and Magnetic Media Reporting and Electronic Filing of W-2c Information…

Mid-size Corporations are Required to File Their Returns Electronically

By Webmaster | August 29, 2017

E-filing: Corporate returns: Form 1120: Form 1120S. The September 17 deadline is approaching for corporations that have requested extensions to file. Last year, only large corporations were required to file electronically. This is the first…