Resources
W-2 Hotline List
Typically, W2s are received by January 31 each year. However, sometimes W2s never arrive. Perhaps they were lost on the mail. Perhaps you have moved. Perhaps you have changed your address with SAG-AFTRA, but not with the payroll companies who paid out your residuals. A few payroll companies give access to W2s online, but most do not. Click the link below to find the current W2 hotline list published by SAG-AFTRA so that you can retrieve your missing W2(s).
City of LA Business Tax
Although the City of Los Angeles Business Tax is not an income tax issue, we receive countless questions regarding it by virtue of the fact that “tax” is in the name.
Resources
Beneficial Ownership Interest (BOI) Reporting
Starting January 1, 2024, most small business entities will need to file a BOI Report with FinCEN. So if you own an LLC, S Corp or C Corp, you most likely need to file an initial BOI Report before January 1, 2025. If you start a new business on or after January 1, 2024, you will have only 90 days to report to FinCen; and if you start a business on or after January 1, 2025, you have only 30 days to report. Further, any changes to any of the information included in the report must be reported within 30 days (IE. Change of Address, New Driver’s License, etc.). The potential penalties for being late are extreme. So do not put off getting this done.