Retention Period Requirements for Preservation of Records

May 16, 2024By KROST CPAs
Retention Period Requirements for Preservation of Records

As featured by the California Restaurant Association as an Industry Insight. Below is a summary of the record-retention requirements for sales and use tax, federal and state income tax, federal and state employment tax, and federal and state requirements for various other employment-related records. This article was written in partnership with Zaller Law Group. Record-keeping Read the full article…

[Update] Paid Family Leave and Sick Leave Amendments as Part of the Families First Coronavirus Response Act (FFCRA)

March 27, 2020By Paren Knadjian
[Update] Paid Family Leave and Sick Leave Amendments as Part of the Families First Coronavirus Response Act (FFCRA)

On March 18, 2020, President Trump signed into law H.R. 6201: The Families First Coronavirus Response Act. The Act has many provisions, including increasing Medicaid funding, expanding unemployment benefits, and providing Coronavirus testing at no cost to consumers. The Act also includes an amendment to the Family and Medical Leave Act of 1993 – referred Read the full article…