Santa Clarita, CA 91390
Phone:     661-296-2338

Fax:        661-296-6236

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Tax Rates and Information:

As of January 2018 the effective corporate tax rate will be a flat 21%. Some pass-through entities, which includes S Corporations and LLCs, are entitled to a 20% deduction for qualified business income. Talk to your CPA for more specifics.

Government Tax Links:

Internal Revenue Service
State of California Franchise Tax Board
California Employment Development Department
California State Board of Equalization

Disclaimer of Liability:  Our firm provides the information above for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.