California AB 150: What Is It and Why It Matters

In this video, we will discuss California Assembly Bill (AB) 150. Some of the things we'll cover include:

1. What is California AB 150?
2. What is the Small Business Relief Act under California AB 150?
3. Which entities qualify for AB 150?
4. Which entities do not qualify for AB 150?
5. How to calculate the benefit of AB 150?
6. When are taxes due for AB 150?
7. What are some of the downsides to AB 150?

Check out our blog posts:
What is California AB 150: SALT Workaround:
https://www.acapam.com/taxes/what-is-california-ab-150-salt-workaround/

What is qualified business income tax deduction?
https://www.acapam.com/webinar/qbitaxdeduction/

ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm.

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DISCLAIMER: THIS VIDEO IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS TAX, FINANCIAL, OR LEGAL ADVICE. EVERY PERSON’S SITUATION IS DIFFERENT AND YOU SHOULD CONSULT WITH YOUR OWN FINANCIAL AND TAX ADVISOR FOR ADVICE SPECIFIC TO YOUR SITUATION. COMMENTS ARE NOT REVIEWED