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Tag: Startup Tax
CA NOL Suspension : Coming Back?
California startups and high-income founders were hit hard when the Net Operating Loss (NOL) deduction was suspended under AB 85 during pandemic-era budgets. With 2025 underway, many are asking: Will California reinstate NOL usage, or will suspensions continue? Let’s decode what’s happening, what to prepare for, and how to preserve your NOL carryforwards while staying […]
California VCP: Fix Unclaimed Property Issues Before Audit Hits
If you’ve never filed a Holder Notice Report in California or just received a letter from the State Controller’s Office, there’s a limited-time way to protect your business: the Voluntary Compliance Program (VCP). This program is a lifeline for startups and founders who want to fix past non-compliance related to unclaimed property without facing harsh […]