Independent Contractor or Employee?

Independent Contractor or Employee? The rules for determining whether a person is an Independent Contractor or an Employee in the state of California have just changed. The good news is that it is easier to determine if a person is an Independent Contractor or an Employee. The bad news is the person is probably an Employee. …

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Estimated income taxes in 2018

The most common question that I have been asked in the past month is, “What should I do with my estimated income tax payments for 2018 in light of the new income tax laws?” The answer that I usually give is, “Relax and do nothing differently than in 2017. For most people, the new income …

Section 179 Depreciation

If you are not familiar with Section 179 Depreciation, then you are in for a nice surprise. Section 179 is an incentive program designed to encourage small businesses to purchase tangible, personal property (no real estate) to make them more profitable in the coming years. The underlying reason for Section 179 is to stimulate economic growth …