Julio Gonzalez, Founder and CEO of Engineered Tax Services Joins CABIA

 

Julio Gonzalez, Founder and CEO of Engineered Tax Service (ETS), one of the largest specialty tax engineering firms in the country is proud to be a member of the California Business and Industrial Alliance (CABIA). The California Business and Industrial Alliance (CABIA) is a trade organization founded in 2017 by business executives and entrepreneurs to fix California’s unfavorable law, the Private Attorneys General Act (PAGA).

CABIA is actively fighting to reform a harmful law on the books in California, the Private Attorneys General Act (PAGA) and has filed a groundbreaking lawsuit against the state over PAGA.

This law allows aggrieved employees to file lawsuits against their employer to recover civil penalties. More than 35,000 PAGA complaints have been filed against employers since 2004. The problem has grown worse in recent years; in 2016, more than 5,000 PAGA complaints were filed – an astonishing 1,440 percent increase from the law’s first year in effect. Instead of empowering employees, PAGA helps fill the pockets of large law firms at the expense of our state’s small businesses and nonprofits. While it takes one disgruntled employee to file a claim over a minor issue, such as a typo on a pay stub, it can cost businesses thousands if not millions of dollars in settlements — very little of which is recouped by employees.

Tom Manzo, Founder of CABIA, released the following statement: “CABIA is proud to partner with Engineered Tax Services in our fight to protect California's small businesses. We appreciate the great work Engineered Tax Services does for dozens of employers, and we're thrilled to have their continued support in our efforts to reform PAGA.”

CABIA is actively working to educate the public on PAGA abuse through news interviews, opinion editorials, video testimonials, and social media posts.

Link To Original Press Release

Recent Posts

Tax Strategies for Subdivision Developers

The rental market is booming! With rising home prices and increasing demand for flexible living options, rental properties are more valuable than ever. As of 2019, renters made up over 36% of U.S. households. This trend presents a significant opportunity for subdivision developers seeking to boost profits and build a sustainable real estate portfolio. By

Read More »

The Hidden Tax Strategy Savvy Realtors Use to Close Deals

The market has its ups and downs, but for realtors, there’s one thing that never changes: competition. Closing the deal is a challenge for even the most experienced professionals—but the best of the best know that the key to standing out is providing undeniable value. If you bring something to the table no other realtor

Read More »

Maximizing Tax Savings With Advanced Depreciation Techniques

Depreciation is a valuable tool for businesses. It allows you to deduct the cost of assets, such as machinery, equipment and buildings, over their useful lives. Most people are familiar with the standard “straight-line” depreciation method where an asset’s cost is evenly deducted over several years, but did you know there are advanced techniques that

Read More »

Contact Us