This past February, we kicked off our 2014 nonprofit workshop season with a panel discussion on Board governance – The Good, the Bad and the Ugly: The Path to a High-Performing Board. One of the questions we heard from the audience was "Should our Board have a giving requirement, and if so, how much?" Personal giving is an essential part of a Board’s commitment to fun [...]

Welcome to the Entertainment and Media Newsletter, containing content related to the people, news and business issues we see in our day-to-day service to the industry.In this issue:The History of the Laugh TrackWhether you love or hate the laughter you hear in your favorite sitcoms, you have to appreciate the history and effort that was put into “sweetening” those les [...]

The purpose of this Quarterly California Tax Legislative Update is to provide our clients and prospective clients with timely and meaningful updates that affect both their personal income and business taxes. The 3rd quarter of 2014 saw an expansion of the California film and television tax credit as well as additional guidance on the application process for the new C [...]

The purpose of this Quarterly California Tax Legislative Update is to provide our clients and prospective clients with timely and meaningful updates that affect both their personal income and business taxes.The 3rd quarter of 2014 saw an expansion of the California film and television tax credit as well as additional guidance on the application process for the new Cal [...]

The California Film and Television Job Retention and Promotion Act was signed into law by Governor Jerry Brown on Sept. 18, 2014. The new law significantly increases the amount of film and television tax credits and eligibility to participate in the film and television tax credit program.This tax alert contains information on the following:What is California’s new fil [...]

Over the past two years, a number of high profiled transactions involved U.S. domiciled multi-national companies acquiring a foreign-based company resulting in the U.S.-based acquirer changing its domicile to the country of the foreign company that it had acquired. This is broadly referred to as an "inversion" transaction, which is the latest scrimmage in the corporat [...]

The State of California recently announced three application periods for the California Competes Credit program for fiscal year 2014/2015. The State has allocated over $150 million to the program for fiscal year 2014/2015. This tax alert contains information on the following: What is the California Competes Credit? When are the remaining ap [...]

Legislation to protect unpaid interns and volunteers from sexual harassment and discrimination in the workplace was signed by Gov. Jerry Brown last week, on Sept. 9, 2014. The bill, AB 1443, expands current protections against sexual harassment and discrimination for employees to unpaid interns and volunteers. The types of discrimination covered in the bill include ra [...]