Lawrence Hoenig

70 Days and Counting: Clock Is Ticking to Claim Embedded Software Tax Exemption

Posted February 27, 2014

by Craig A. Becker, Richard E. Nielsen, Lawrence Hoenig and Diane Sweeney

Craig A. Becker

Richard E. Nielsen

Lawrence Hoenig

Diane Sweeney

The amount of non-taxable embedded software being taxed in California is a staggering number. While companies own assets with millions of dollars of embedded software, few companies are maximizing their property tax savings through the embedded software exemption. The good news is that it is not too late to dig in and maximize your potential tax savings. Most businesses have until May 7, 2014¹ to file their annual Business Property Tax Statements (Form 571-L) with California counties.

Changes Likely for Section 530 Relief in Employee Vs. Independent Contractor Classifications

Posted July 26, 2010

by Pillsbury SALT, Craig A. Becker, Alexis Petas and Lawrence Hoenig

Pillsbury SALT

Craig A. Becker

Alexis Petas

Lawrence Hoenig

Taxpayers who have been relying upon Section 530 to provide relief with respect to their classification of service providers as independent contractors rather than employees should take note of the fact that Section 530 is now under attack from Congress and the Obama Administration.