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I'm having trouble verifying if a timely filed 2021 partnership or S-corp tax return includes extensions or not in regards to California AB 150. Anyone have som...
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California Recently passed CA SB 113 on 2.9.2022.This should eliminate the Tentative Minimum Tax issue with CA AB150 (Pass Through Entity Tax....) This is a sta...
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It looks like it is now NOT taxable to CA under recently passed SB113 (as of 2.10.2022)https://www.gov.ca.gov/2022/02/09/governor-newsom-signs-paid-sick-leave-e...
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Thanks for the clarity!some of my business are not sure on their future.... so the idea of losing a non refundable credit because of AMT/TMT limits can backfire...
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Just more information on this.With AB150, as of today (2.6.2022) the credit is severely limited by California Tentative Minimum Tax. Because of this, many busin...