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IRS and California Provide Tax Relief for LA County Residents and Businesses

The IRS on Friday, January 10, 2025 extended tax payment and filing deadlines to October 15, 2025 for Los Angeles County individuals and businesses because of the recent fires. The California Governor’s office followed suit...more

Los Angeles Office of Finance Clarifies Exemptions from “Mansion Tax”

The Los Angeles Office of Finance (Office of Finance) has released a new FAQ confirming that real property transfers that are exempt from the current City documentary transfer tax (to which the FAQ refers as the “Base Tax”)...more

On-Demand Webinar | PPP Loan Forgiveness: Employment and Tax Issues for Borrowers [Video]

Introducing Nossaman's Employment BUZZ webinar series! Each month, our attorneys will cover a different topic of interest to employers, including tax, insurance, intellectual property and employment issues. These "quick hit"...more

[Webinar] Emerging From Lockdown on Solid Footing: How Nonprofits Can Prepare for Whatever Comes Next - May 20th, 10:00 am - 11:00...

Please join us on May 20th for our webinar, "Emerging From Lockdown on Solid Footing: How Nonprofits Can Prepare for Whatever Comes Next." During this 60-minute presentation, Bill Powers, Doug Schwartz and Allison Callaghan...more

Don't You (Forget About Sales and Use Tax)

Some recent California Office of Tax Appeals (“OTA”) decisions highlight the importance of being, simply, mindful of sales and use tax requirements. Businesses often plan to reduce income taxes or avoid a Proposition 13...more

California Supreme Court Confirms: Pony Up the Documentary Transfer Tax

The California Supreme Court just dealt a blow to taxpayers who transfer interests in real estate-owning LLCs and other entities. In 926 North Ardmore Avenue, LLC v. County of Los Angeles (Cal. S. Ct. No. S222329, June 29,...more

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