2023 Guidelines for Determining Resident Status in California
What’s New? The Federal Veterans Auto and Education Improvement Act (VAEIA) of 2022 was enacted on January 5, 2023, and has made important amendments to the Servicemembers Civil Relief Act (SCRA). California conforms to these new provisions: Spouse of a Servicemember: A spouse of a servicemember will neither gain nor lose residency or domicile for taxation purposes […]
Credit for Small Employer Health Insurance Premiums
As a small business owner, you may be eligible for a tax credit that helps cover the cost of health insurance for your employees. The Credit for Small Employer Health Insurance Premiums, detailed in the Internal Revenue Code and specifically relevant for the 2023 tax year, is designed to encourage small employers to provide health insurance […]
