The Results are in: How to Restore Economic Vitality in Santa Barbara

In January, 2019 the City of Santa Barbara hired economic development and real estate advisory firm Kosmot Companies to provide recommendations on how to improve economic vitality downtown. Here are their recommendations from the $84,000 revitalization plan: Regulatory Tools and Policies – Fundamentally review/revamp zoning and permitting process to be more flexible to accommodate market
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Sneaking Rent Control into Santa Barbara

Rent control has been a hot political topic this year.  This past May 31st, Governor Newsom signed Executive Order N-12-19 which extends the California “state of emergency” – originally declared in December 2017 in response to the Thomas Fire. By signing this Executive Order, Governor Newsom also extended the cap on rental increases that automatically
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California LLC Tax First Year: Everything You Need to Know

California LLC tax first year is the amount of tax that a limited liability company (LLC) in California is required to pay in its first year of operation. California imposes an annual tax on almost all LLCs that are registered to conduct business in the state. Understanding First-Year Tax for California LLCs   Almost every
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Offshore Oil in the Santa Barbara Channel: The Long Goodbye

Melinda Burns, January 30th, 2019, Noozhawk  Fifty years after the Jan. 28, 1969, oil spill in the Santa Barbara Channel, the region is on the verge of another upheaval — the wholesale removal of aging oil infrastructure. Seven platforms out of 19 in the channel have shut down operations and will likely be removed, starting
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Sales & Use Tax: Personal Liability for Corporations & LLCs

Did you know as a corporate director, officer, member, manager, or other person having control or supervision of the filing of returns or payments of taxes, you may become personally liable for any unpaid sales and use taxes, interest, and penalties? Section 6829 of the Revenue and Taxation Code provides that the State Board of
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