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By Sukhpaul Hundal Introduction  Professional financial auditors can be very beneficial for companies in San Francisco, as they can help your Bay Area business build credibility with external entities and catch accounting errors before they become major issues. A financial audit is essential for building your company’s trustworthiness with outside …

Professional Financial Auditors in San Francisco Read More »

President Joe Biden proposed The American Families Plan on March 31, 2021. If passed, the policy would increase taxes for wealthy individuals, while providing social benefits programs such as expanded tax credits for low- and middle-income families. The proposal must be approved by Congress before it can become law, and …

Tax Increases for Wealthy to Pay for Social Programs Under Biden’s Proposed American Families Plan Read More »

Financial statement audits, reviews, and compilations can provide many benefits to your business, including helping to build trust and legitimacy.

The Restaurant Revitalization Fund (RRF) has opened to new applicants beginning May 3, 2021. The RRF offers tax-free grants that do not need to be repaid to restaurants and similar businesses to help them cope with the COVID-19 pandemic. Created by the American Rescue Plan Act, the RRF provides grants …

Funding Now Available to Restaurants through the Restaurant Revitalization Fund Read More »

On April 29, 2021, California Governor Gavin Newsom signed into law Assembly Bill 80 (AB80), the Coronavirus Aid, Relief, and Economic Security Act: Federal Consolidated Appropriations Act, 2021. Previously, California law allowed businesses to exclude forgiven PPP loan funds from their taxable income, but did not allow businesses to deduct …

New California Law AB80 Allows Businesses to Deduct Expenses Paid Using PPP Loan Funds on Their Taxes Read More »