California Competes Tax Credit for Businesses

The California Competes Tax Credit is an income tax credit available to businesses that relocate to California or stay and expand in California. This credit agreement is negotiated by GO-Biz and approved by a statutorily created by the California Competes Tax Credit Committee. (They are made up of the State Treasurer, the Director of the Department of Finance, the Director of GO-Biz, and one appointee each by the Speaker of the Assembly … Read more

3 midyear tax saving strategies for businesses

Tax Planning = Tax Saving Tax reform has been a major topic of discussion in Washington, but it’s still unclear exactly what such legislation will include and whether it will be signed into law this year. However, the last major tax legislation that was signed into law — back in December of 2015 — still has a significant impact on tax planning for businesses. Let’s look at three midyear tax strategies … Read more