CA business owner clients – reminder that 2026 PTET estimated payments are due by 6/15 to the CA Franchise Tax Board, with one major change starting this year: a late estimated payment no longer disqualifies you from making the election for that tax year, though any underpayment would result in some credit reduction or loss (so in summary, please still attempt to post the minimum estimated payment which is 50% of your prior year PTET liability). Reach out with any questions or to confirm amounts.
All business owner clients: Q2 review/planning is underway. If we do not have a meeting on the calendar, please book time with Brian. Our office will also be reaching out to coordinate.