Welcome to our website!
You’ve received PPP funds, and have spent them according to the guidelines. Here’s a link to Maximizing your Forgiveness, and contact us if you have questions or need assistance.
We are still working to support our clients in these challenging times. While we have implemented the Shelter in Place model, we are still available by phone, email, and happy to meet on Zoom if you’d like to have that visibility. Fortunately, our software is primarily web-based and secure, so we are able to continue our work on your behalf. For tax returns, we are flexible with drop off and pick-up of documents if you’d like, or have a secure portal for you to send your documents without having to leave your home or office.
California is still requiring health insurance and penalties will be imposed when you file your California Income Tax return for 2020.. The penalty for not having coverage the entire year will be at least $750 per adult and $375 per dependent child under 18 in the household when you file your 2020 state income tax return in 2021. A family of four that goes uninsured for the whole year would face a penalty of at least $2,250. Here’s a link to the Covered California website for more resources:https://www.healthforcalifornia.com/covered-california?gclid=cjwkcajwjld4braieiwag5nbfif69fp2b_lb1p70yhoeygvvrl1jz2gmw-sy0gg6arr9wnsipci0hbocb2mqavd_bwe
The Covered California Health Exchange is the government agency offering subsidized Obamacare plans for this state. The California Health Exchange was created to assist citizens and legal residents with applying for marketplace coverage in order to comply with the Affordable Care Act (“ACA”).