Illustration of the California PTE elective tax — 9.3% entity-level SALT cap workaround, the June 15 payment, and the new 2026 12.5% credit reduction rule
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California PTE Elective Tax: 9.3% SALT Workaround, 2026 Rules

BySW Accounting admin

What is California’s PTE elective tax, and what changed for 2026? The pass-through entity (PTE) elective tax lets a qualifying partnership or S corporation elect to pay a 9.3% entity-level California tax on its owners’ shares of income — and the owners then claim a personal income tax credit for the tax paid on their…

A clean and modern illustration showing a business storefront labeled 'S Corp'. A river of dollar signs flows from the store, splitting into two streams. One smaller stream labeled 'Salary' flows past a toll booth labeled 'Payroll Tax'. A much larger stream labeled 'Distributions' flows directly into a piggy bank, bypassing the toll booth completely. The style should be friendly, clear, and optimistic, with a simple color palette of green, gold, and white.

Is an S Corp Right for You? A Complete Breakdown of Tax Benefits

BySW Accounting admin

  S Corp Explained: Your Ultimate Guide to Slashing Small Business Taxes. Discover how the S Corp election can save you thousands on payroll taxes, why you’re taxed on money you haven’t touched, and the strategies to legally keep more of your hard-earned profit. Have you ever looked at the money in your business bank…