The federal government signed the Families First Coronavirus Response Act (FFCRA) into law Mar. 18, 2020, which includes paid sick leave...

The Internal Revenue Service has confirmed that the federal income tax filing deadline is automatically extended from April 15, 2020 to...

FTB Deadlines The California Franchise Tax Board (FTB) is postponing the tax filing deadline to July 15, 2020. This includes: 2019 tax...

It’s easy to get caught up in the enormity of Covid-19, but take a breath and remember that we will get through this. With so many...

Preparations we’ve made to keep you and our staff safe during tax season and the coronavirus COVID-19 spread We sincerely hope that you...

As many have heard, on September 18, 2019, Governor Newsom signed AB5, effective January 1, 2020. The new law codifies the “ABC test”...

The difficulty of getting year-end business tasks done will depend on how organized you’ve been throughout the year. Whether you’re a DIY...

There are many tax scams out there with the purpose of stealing your identity, stealing your money, or filing fraudulent tax returns...

Taxes for the individual can often be onerous, but when you have a business or company involved, the tax situation can be downright...

Hiring your child to work as a legitimate employee is a great tax strategy, which got even better with the Tax Cuts and Jobs Act....

Owning and running a law firm of any size can be challenging. At any given time, you could be working with many clients, attorneys, and...

When you pay a bill in your business, are you 100 percent comfortable that the bill payment is correct and justified? Is there ever a...

You know you need vendors you can rely on. No matter what your industry is, no matter the kind of product or service that you offer, you...

As an entrepreneur, you likely place a high value on freedom. When the word “budget” is mentioned, you might cringe and feel like it...

Can you believe that half of 2019 is gone already? That means it’s a great time to take stock of how your business has done for the first...

In the eyes of pop culture (and most people) bookkeeping is frozen forever in images from years ago: physical ledgers, tiny numbers...

There are firms that offer business management. There are firms that offer tax preparation. Here at Abedian + Totlian, we offer both and...

Undergoing the scrutiny of an IRS audit is liable to put any taxpayer on edge. While it may seem like the IRS randomly hands out audit...

Ways to Speed Up Your Cash Flow One of the biggest challenges for businesses is managing cash flow. There never seems to be enough cash...

Identity theft happens when someone uses your personal information without your permission. While this can include credit cards, banking...