OC's Former IRS & Federal Tax Prosecutor Lawyer Blog

15 Oct
2020
October 15, 2020

Treasury Clarifies Loan PPP Forgiveness Application Deadline

The Treasury Department, along with the Small Business Administration, on October 13, 2020, issued updated Frequently Asked Questions (FAQs) on the Paycheck Protection Program (PPP), following […]
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12 Oct
2020
October 12, 2020

California—Property Tax: New Construction Exclusion Enacted

A new construction California property tax exclusion is enacted for property damaged or destroyed by a Governor-declared disaster. New Construction Exclusion Conditions For property that has […]
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8 Oct
2020
October 8, 2020

Tax Alert – California Enacts Sales and Use Tax Restrictions for Cannabis

The California cannabis trailer bill for the 2020-21 budget, which contains changes necessary to implement the budget, is enacted for cannabis excise and cultivation tax purposes. […]
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5 Oct
2020
October 5, 2020

IRS Releases Information on Syndicated Conservation Easement Transaction Initiative

The IRS has released additional information to help address questions related to syndicated conservation easement (SCE) transaction initiative. See here.  Further, the IRS Chief Counsel has […]
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