Tag: CDTFA
Dept. of Tax and Fee Administration Announces Emergency Tax Relief Measures Following Storms
The California Department of Tax and Fee Administration (CDTFA) announced on Wednesday that business owners and tax payers who have been impacted by the recent California storms will be eligible for emergency state tax relief from late payment interest and...
Tax Amnesty Program Proposed for CA Businesses Struggling to Survive
February 16, Assemblywoman Blanca Rubio (D-Baldwin Park) introduced Assembly Bill 879 to create a tax amnesty program in the state. The bill would add Section 19777.6 to, to add Article 1.7 (commencing with Section 7067) to Chapter 8 of Part...
California’s Small Business Hiring Credit Taking Applications
At the end of the 2020 Legislative Session, Senate Bill (SB) 1447, jointly authored by Senators Steve Bradford and Anna Caballero, as well as Assembly Member Sabrina Cervantes, was passed and signed into law to create a tax credit for...
SB 1447 Budget Trailer Bill Would Provide a New Hiring Tax Credit
On August 27, Senate Bill 1447 was gutted-and-amended from a bill dealing with mortgages to a bill on small business tax credits. SB 1447 is jointly authored by Senators Steve Bradford and Anna Caballero, as well as Assembly Member Sabrina...
California Small Businesses Given Several Tax Extensions by Executive Order
On Tuesday, Governor Gavin Newsom signed an Executive Order granting small businesses across California time extensions over filing taxes, refunds, and for different business licenses due to timing and staffing issues stemming from the COVID-19 coronavirus pandemic. Under Executive Order...