New business owners who are creating a start-up company are often overwhelmed by the number of local, state and federal tax regulations that they must follow. Experienced business owners often find that they are so accustomed to paying taxes, that they inadvertently pay more than necessary in an attempt to remain in compliance with the endless tax laws that are implemented and changed on an annual basis.
Rules for out-of-state LLCs doing business in California
Most individuals and organizations that operate limited liability companies, or LLCs, are only concerned about the tax laws and filing processes that are required by the state in which their LLC is registered. However, a surprising number of LLCs are required to fulfill tax filing obligations in the state of California, even if their business is not located within the boundaries of the state.
How SB 218 and AB 170 Could Impact Employers
As the 2019 California Legislative Session comes to a close in mid-September, employers around the state are closely monitoring two bills that may impact their employment processes. Senate Bill 218 (SB 218) and Assembly Bill 170 (AB 170) are two bills that focus on employee discrimination and how that discrimination must be handled by employers. Both bills, in their current forms, appear to prioritize the needs of the employee. However, these pieces of legislation may make it more challenging and more costly for employers to do business in the state.
