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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 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...
In business partnerships, disputes can arise from various sources—financial disagreements, divergent goals, or unclear role expectations. When conflicts escalate, it may seem like litigation is the only option. However, litigation can be time-consuming, costly, and often brings unwanted publicity that could harm the...
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