Client Memo – Tax Change References
Blue gradient background with diagonal lines and the text "Client Memo" in white at the bottom right corner, elegantly highlighting important mortgage rates.

With numerous recently enacted tax law changes, we’ve compiled a list of helpful resources available on our website (www.fbco.com) for your reference as follows:

2010 Tax Law Changes –

  • Extension of Bush-era tax cuts and unemployment benefits, retention of refundable tax credits, and provision of AMT relief – Bush-Era Tax Cuts Extended.
  • Additional California enterprise zones added – Enterprise Zones.
  • 35% health insurance credit for small employers who provide health insurance to their employees.
  • Small Business Jobs Act provides additional tax breaks for small businesses – Small Business Jobs Act.

Please note that subsequent to the passing of this bill, another tax relief bill was signed into law allowing businesses to expense 100% of business-related equipment and machinery purchases made after September 8, 2010, and before January 1, 2012.

Tax changes effective on January 1, 2011 –

Other helpful links on our website

  • IRS E-Pay and FTB E-Pay – these secure government websites provide a convenient and flexible way of making your tax payments 24/7.
  • Financial calculators Calculators – for interactive calculations on individual and payroll taxes and retirement and college savings.

We encourage you to utilize these helpful resources available on our website www.fbco.com.  If you have any questions regarding these tax changes or how they may impact you and your business, please do not hesitate to contact us.

This information presented is for illustrative and informational purposes only. Articles are copyright of the respective publication and not for distribution. FB+D by Cerity Partners is not responsible for and does not endorse content on third party sites.

Recent Publications

A blue textured background with diagonal lines, featuring the white text "CLIENT MEMO" in the bottom right corner.

New Individual Income Tax Return – Engagement Letter, Tax Organizer and Document Request Procedure

Photo of a government building made of stone with columns

January 7th, 2025 Los Angeles Wildfires – Gain Deferral Election on Disaster Events Under IRC § 1033

Two firefighters in protective gear kneel while aiming a hose at a large, intense fire. The scene is dramatic, with bright flames and smoke in the background—an all-too-familiar sight during a Los Angeles County disaster. The firefighters work diligently facing the blaze.

Federal And California Tax Filing And Payment Extensions Due To Los Angeles County Disaster Declaration