Illustration of the California LLC fee under R&TC section 17942 — income tiers from $900 to $11,790, the June 15 Form 3536 estimate, and the prior-year safe harbor
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California LLC Fee 2026: Tiers, June 15 Estimate & Penalty

BySW Accounting admin

What is the California LLC fee, and how do you avoid the 10% penalty? Separate from the $800 annual minimum franchise tax, California imposes a second, income-based “LLC fee” (Revenue & Taxation Code §17942) on every LLC organized, doing business, or registered in California with total California-source income of at least $250,000. The fee is…

Illustration of California SB 261 climate-related financial risk reporting — TCFD four-pillar framework and January 1, 2026 first-cycle deadline
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SB 261 Climate Financial Risk Reporting: TCFD Guide Jan 2026

BySW Accounting admin

What does California SB 261 require for climate-related financial risk reporting? California’s SB 261 (Public Resources Code §38533, the Climate-Related Financial Risk Act, as amended by SB 219) requires U.S. companies with annual revenues over $500 million doing business in California to publish a biennial climate-related financial risk report. The first report is due January…