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Employer Tax Issues Archives - The SPSCPA Blog

Employer Tax Issues

Overtime Pay for Nannies and Maids

Overtime Pay for Nannies - Sobul, Primes and Schenkel - CPA Los Angeles

Domestic Workers Bill of Rights went into effect on January 1 If you employ nannies, maids, or personal attendants, then you need to know that they are now entitled to time and-a-half overtime if they work more than nine hours a day or 45 hours a week. And, by the way, if they are paid minimum wage, that will be Read More »

What Every Employer Must Tell New Hires


California Labor Code section 2810.5 Communication is a good thing. When someone joins your firm, you may assume you’re on the same page when it comes to basics like salary, payday, location of the main office, and such. Labor Code section 2810.5, however, implies that not all new hires and employers were speaking the same language and requires, at the Read More »

Healthcare Reform and Small California Employers

California Health Care Reform - Sobul Primes & Schenkel CPA Los Angeles

If you have 50 employees or less, here’s what’s coming There’s an oft-quoted (though nonexistent) Chinese curse that says, “May you live in interesting times.” Well, welcome to “interesting times” in the form of changes to our healthcare system. Though large employers were generally elated when the US Treasury Department announced a one year delay in implementing the “play or Read More »

New law for employers with commissioned employees

Commissioned Employees Advice - Sobul, Primes & Schenkel CPA Los Angeles

Signed contracts will be required January 1, 2013 Like so many things, it started with a lawsuit. In the 1990s an out-of-state employer was in trouble for failing to provide California employees with a written contract detailing how commissions were calculated and paid. The ensuing legal battle produced AB 1396 – an amendment to the Labor Code that was passed Read More »

New California law (and IRS) focuses on worker misclassification

Independent Contractor or Employee Advice - Sobul, Primes & Schenkel CPA Los Angeles

Employee vs. independent contractor — it’s not just a matter of semantics There’s nothing new about the battle between the IRS (and other agencies) and businesses that classify workers as independent contractors primarily to save money on taxes and benefits. In the past, the legal battlefield was a bit of a slippery slope based on common-law tests and loose interpretation. Read More »

Newsflash – Important 2010 Year-End Tax Alert

Tax Year End Update 2010 - Sobul, Primes & Schenkel CPA Los Angeles

As you all probably have heard by now, a new tax act was enacted.  The “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010” is a sweeping tax package that includes, among many other items, an extension of the Bush-era tax cuts for two years, estate and gift tax relief, a two-year “patch” of the alternative minimum tax Read More »

Newsflash – Federal and California Tax Matters Update

Federal Calfornia Tax Matters - Sobul, Primes & Schenkel CPA Los Angeles

August 18, 2010 Dear Clients and Friends: FEDERAL AND CALIFORNIA TAX MATTERS UPDATE Significant tax legislation has been passed so far this year, and it is likely that even more changes are upcoming. We want to make sure you are aware of your opportunities and obligations with respect to some of these activities and what might be on the horizon Read More »

Newsflash – California Tax Matters

California Tax Matters - Sobul, Primes & Schenkel CPA Los Angeles

January 14, 2010 Dear Clients and Friends: CALIFORNIA TAX MATTERS Over the past year, California has been very active in the tax area. We want to make sure you are aware of your opportunities and obligations with respect to some of these most recent activities. The majority of these activities were spurred by the state’s fiscal budget crisis. There are Read More »

Spotlight on Retirement Plans

Retirement Planning - Sobul, Primes & Schenkel CPA

What you need to know about recent law changes and creative retirement plan strategies By Dick Kaplan, Benefit Planning, Inc. When businesses are highly profitable, retirement plans should be considered because these plans can have a dramatic impact on your tax bill. I know from working with SPS over the years that many of their clients have very successful businesses Read More »