Monic Ramirez

About Monic Ramirez

Tax Partner-in-Charge

Good News for Taxpayers: Individual Deadline Extended

Due to the ever-evolving financial state, the IRS and California FTB have decided to give taxpayers a month-long respite. This change only applies to individuals and does not impact other taxpayers like corporations and trusts due on April 15. [...]

By |2021-03-19T12:06:09-04:00March 18th, 2021|Categories: Blog, COVID-19, Tax|Tags: , , |Comments Off on Good News for Taxpayers: Individual Deadline Extended

California Small Business Support

California Governor Gavin Newsom has announced a variety of ways the state is supporting small businesses impacted by COVID-19. Resources for California businesses include temporary tax relief, the Main Street Small Business Tax Credit, cash grants, the California Rebuilding [...]

By |2021-03-08T19:53:23-05:00December 15th, 2020|Categories: Blog|Tags: , , , , , , , , , |Comments Off on California Small Business Support

Clarity on PPP Forgiveness and Deductible Expenses

In late November, the Internal Revenue Service (IRS) issued a Revenue Ruling and a Revenue Procedure to clarify the Paycheck Protection Program (PPP) loan forgiveness and deductible expenses. These are expansions on Notice 2020-32 released by the IRS in [...]

By |2020-12-02T18:53:08-05:00December 2nd, 2020|Categories: Blog, Tax|Tags: , , , , |Comments Off on Clarity on PPP Forgiveness and Deductible Expenses

Urgent Client Alert — Action Required for ACA Refund

Dear SSF Clients, The U.S. Supreme Court has agreed to hear a case addressing the constitutionality of the Affordable Care Act (ACA). If the Court holds that all, or a portion, of the ACA is unconstitutional, taxpayers may be [...]

By |2020-07-10T22:27:03-04:00July 10th, 2020|Categories: Blog, Tax|Tags: , , |Comments Off on Urgent Client Alert — Action Required for ACA Refund

Student Loan Relief for Many

A great sigh of relief for many individuals wondering how they are going to pay their student loans during this time. The new CARES act includes a deferral for six months on federally backed student loan payments and interest. [...]

By |2020-04-03T19:16:43-04:00April 3rd, 2020|Categories: Bill Abel, Blog, COVID-19|Tags: , , |Comments Off on Student Loan Relief for Many

End of Year Tax Savings for Individuals

The Tax Cuts and Jobs Act (TCJA) brought many new rules for individual tax filers, and there are quite a few ways taxpayers can use these changes to their advantage. With the end of the year quickly approaching, it’s the [...]

By |2019-11-20T16:30:51-05:00November 20th, 2019|Categories: Blog, Monic Ramirez, Small Business Services, Tax|Tags: , , , , , , |Comments Off on End of Year Tax Savings for Individuals

End of Year Tax Saving Strategies for Businesses and Business Owners 

The end of year is approaching, and that means it’s time for businesses and business owners to start thinking about their 2019 taxes. The major changes set forth last year by the Tax Cuts and Jobs Act (TCJA) will undoubtedly [...]

By |2019-11-06T12:18:34-05:00November 6th, 2019|Categories: Tax|Tags: , , , |Comments Off on End of Year Tax Saving Strategies for Businesses and Business Owners 

Franchise Tax Board Update

Unverified Wage Withholding – Possible Changes to Tax Returns During the period from March 8, 2019 to March 11, 2019, a system error on the Franchise Tax Board (FTB) side caused them to issue refunds to approximately 23,500 taxpayers [...]

By |2019-10-18T16:24:11-04:00April 16th, 2019|Categories: Blog, Monic Ramirez, Tax|Comments Off on Franchise Tax Board Update

California’s New Use Tax Collection Requirements: What the Wayfair Ruling Means for Retailers

With online retail becoming the preferred method of shopping in America, it was only a matter of time until states would start demanding their share of the sales pie. Unlike purchases in a physical store location, loopholes let bargain [...]

By |2019-10-24T12:21:33-04:00April 9th, 2019|Categories: Blog, Small Business Services, Tax|Tags: , , |Comments Off on California’s New Use Tax Collection Requirements: What the Wayfair Ruling Means for Retailers

California Implements Wayfair “Economic Nexus” Thresholds

California Announces New Use Tax Collection Requirements for In-State and Out-of-State Retailers California, the state with the fifth-largest economy in the world, has not required many out-of-state sellers to collect and remit tax on their California sales in the [...]

By |2020-01-03T19:57:43-05:00December 19th, 2018|Categories: Blog, Central Valley, Small Business Services, Tax|Tags: , |Comments Off on California Implements Wayfair “Economic Nexus” Thresholds
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