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Accountancy partnerships in California are subject to specific rules and regulations that must be followed to remain in compliance. In this blog, we will provide guidance on renewal of licensure as well as how to dissolve a partnership. Partnership Renewal and Dissolution A partnership...
Accountancy partnerships in California are subject to specific rules and regulations that must be followed to remain in compliance. In this blog, we will provide guidance on handling changes that may occur in the partnership. Managing Changes in Your Partnership Whenever there is a...
Accountancy partnerships in California are subject to specific rules and regulations that must be followed to remain in compliance. In this blog, we will discuss some rules governing the use of partnership names. Naming Your Accountancy Partnership The name of the firm must meet...
Accountancy partnerships in California are subject to specific rules and regulations that must be followed to remain in compliance. In this blog, we will discuss some considerations when establishing and maintaining an accountancy partnership in California. Establishing an Accountancy Partnership An accountancy partnership in...
If you’re buying a business in California, there’s one step you cannot afford to skip: requesting a Tax Clearance Certificate from the California Department of Tax and Fee Administration (CDTFA). A recent case shows how a business buyer became responsible for the seller’s unpaid...
If you own an S corporation, partnership, or LLC taxed as a passthrough entity and want to take advantage of California’s Passthrough Entity Elective Tax (PTET) for the 2025 tax year, you need to make a key decision soon: whether to make a prepayment...