California Supreme Court Adopts New Definition of Independent Contractor

Late last month, the California Supreme Court made headlines when it adopted a new test to determine whether a worker should be considered an independent contractor or an employee. This distinction is an important one; California labor law protects the rights of workers deemed to be employees by enforcing wage and hour requirements, and by upholding anti-discrimination laws. Independent contractors are not offered these same protections.

Retention Guidelines for Small Business Tax Records

You probably felt relieved after you filed your 2017 income tax return (or filed for an extension). However, if your office is now littered with years’ worth of tax returns, canceled checks, receipts and other financial records (or you are drowning in equivalent computer files and tax-related data), you most likely are ready to dispose of what you can. These retention guidelines will help you as you purge.

2018 Q2 Tax Calendar: Key Deadlines for Businesses and Other Employers

These are several important tax-related deadlines for businesses and other employers occurring in 2018’s second quarter. Be advised that this list isn’t all-inclusive — you may have other deadlines specific to your company. If you want more information about the filing requirements, please call us at 949-860-9902 or click here to contact us. We can also make certain that you meet all deadlines that apply.

Part of the sandwich generation? These 5 estate planning tips will help

A significant section of society now belongs to the “sandwich generation,” a group who takes care of both their children and also their parents. Part of this group must offer financial assistance to parents, too. Because of these adaptations, the definition of estate planning has morphed from providing primarily for one’s children to also include aging parents.