Legislative Update – May 14th
The big news in the California Capitol is the release of the Governor’s May Revision to the 2021-22 State Budget that he proposed to the Legislature in January. This revised budget document is supposed to reflect updated tax revenues and spending trends to better enable the Legislature to pass a balanced budget on June 15 for the fiscal year that will begin on July 1.
Read MoreLegislative Update April 30th
April 30 marked the first significant legislative deadline of the 2021 legislative session whereby bills had to pass out of policy committees in the house of origin before being considered by the fiscal committee. This session, consistent with recent years, we have seen a plethora of employment-related legislation that would impose various requirements on all California employers. With the pandemic, bills of this nature have increased, with legislators proposing expansion of leave offered to…
Read MorePositive Reviews = Higher RMR for Alarm Companies
There is another new study that points to a direct correlation between customer reviews and revenues for the businesses who receive them. Conducted by a leading social analytics firm and the Paley Center for Media, this study measured exactly how much more people were willing to pay for products based on the reviews they had…
Read MoreDealer Perspective…#32
Over the last few months, we have written about the growth prospects and necessity of rooftop solar especially here in California and the West. Many pundits predict that the number of new solar homes will be approximately 30 million, with most of them in California. The truth may be that the number might be larger…
Read MoreTaxes to Follow COVID
After a year of coping with COVID lockdowns and reduced revenues the potential increase in business and individual tax rates may be our next challenge. President Biden has suggested raising federal rates on businesses and the wealthy to pay for his forthcoming infrastructure bill and programs to combat inequality and climate change. Under his proposed…
Read MorePayroll Tax Pitfalls
Payroll taxes and withholding present a tempting source of working capital for a small business. Payroll tax payments are easy to divert because there isn’t really an invoice (at first). Payroll taxes and withholding are ‘voluntarily’ reported on IRS Form 941 (Employer’s Quarterly Federal Tax Return) and paid via direct deposit to the IRS. The…
Read MoreHow the Market is Bouncing Back from the Pandemic
Just over a year ago, businesses in this country and around the world had to shift into a very different mode of operating as shelter in place and work from home became the new reality. Once we addressed keeping our employees and co-workers safe, the big questions on the minds of everyone in the…
Read MoreChime in on the NSA Public-Private Sector Partnership Award
SIAC encourages security companies to chime in on the NSA (National Sheriffs Association) Public-Private Sector Partnership Award. It is an excellent opportunity to show your community how you are working with law enforcement.
Read MoreTwo Tips for Business Growth That Have Nothing to Do With Marketing
If you want to expand your established security business but aren’t sure where to start, try thinking like a startup. Although an alarm company that has been around for years is not a startup, it can still maximize growth with a startup attitude.
Read MoreNewsom’s Plans for Vaccinations & Reopening: EGRS Update
As you’ve read or heard, Governor Newsom announced plans last week to reopen the state by June 15. With vaccination rates picking up in recent weeks, California hit a milestone of vaccinating 20 million Californians. Four million of those vaccinations have occurred in the state’s disadvantaged communities that have been hit hardest by the pandemic.…
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