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Author: hkim

Los Angeles Minimum Wage Raised To $15.00 As of July 1, 2021

By hkimJune 17, 2021 Accounting Articles, News

As of July 1, 2021, the City of Los Angeles and unincorporated areas of Los Angeles County will raise the minimum wage rate to $15.00 for businesses with 25 or less employees. This is the final increase in minimum wage […]

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Your PPP Forgiveness Application – Apply Now or Later?

By hkimNovember 25, 2020 Accounting Articles, News

If you have taken a loan in the Paycheck Protection Program, you will likely plan to file a forgiveness application to forgive the loan. The time period to file for forgiveness is allowable for 10 months after the end of […]

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Reminder – Extensions for Corporate and Individual Income taxes due on 10/15/20!

By hkimSeptember 27, 2020October 16, 2020 Accounting Articles

If you have put it off or out of your mind, right now is your last chance to file your c-corp or individual income tax. Remember to file your tax returns and make payments by 10/15/20 Once it if filed […]

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CalSavers for Small Business

By hkimNovember 6, 2019January 7, 2020 Accounting Articles

As a business owner, you may have received information about the California Cal Savers Retirement Program. Cal Savers is a new program that requires California employers to either enroll in the Cal Savers retirement program or offer an employer-sponsored retirement […]

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Rent Your Home to Your S Corp For Tax Benefits

By hkimOctober 11, 2019 Accounting Articles

Did you know that you can apply the free-rent rule to rent your personal residence to your s-corporation for a deduction? The Masters Rules allows you to rent your personal residence for up to 14 days tax free. This allows […]

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Recent Posts

  • Los Angeles Minimum Wage Raised To $15.00 As of July 1, 2021
  • Your PPP Forgiveness Application – Apply Now or Later?
  • Reminder – Extensions for Corporate and Individual Income taxes due on 10/15/20!
  • CalSavers for Small Business
  • Rent Your Home to Your S Corp For Tax Benefits

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