by J.R. Martin & Associates | Dec 20, 2023 | Business Education, Tax Strategies
Every business in the U.S. must select a business entity when starting up. A business entity is a legal structure that defines the business for taxation, liability, and other legal purposes. There are a number of different types of business entities that you can...
by J.R. Martin & Associates | Dec 13, 2023 | Business Education, Tax Strategies
Real estate tax, also known as property tax or land tax, is a form of taxation levied on the owners of real property by local governments. It serves as a major source of revenue for municipalities and is used to fund public services such as schools, roads, and...
by J.R. Martin & Associates | Aug 30, 2023 | Tax Preparation, Tax Strategies
The California business property tax is a critical source of revenue for local governments, and it’s something that all business owners need to be aware of. This tax applies to real and personal properties a business holds, such as any buildings, equipment,...
by J.R. Martin & Associates | May 25, 2023 | Tax Strategies
Recent changes to state regulations have made the New Employment Credit (NEC) more accessible than ever before. Despite being established in 2014, the NEC has undergone significant reform with the passing of Assembly Bill 2035 in early 2022, opening up new...
by J.R. Martin & Associates | Mar 3, 2023 | Tax Strategies
California Labor Code Section 2802: Employee Required Reimbursements Employees have been protected by the California Labor Code Section 2802 since 2016 which states that an employer is responsible for covering any expenses or losses an employee incurs while carrying...
by J.R. Martin & Associates | Feb 3, 2023 | Tax Strategies
Opportunity zones in California offer tax breaks and other incentives to encourage investment and development. Learn more about how they can help you. In an effort to encourage economic growth and job creation in distressed areas, Congress continues to offer tax...