@GeorgeM777I spoke with CA FTB via the general questions chat. She said (regarding AB 85):"it doesn't specify SMLLC, but this entity will fall under an LLC.SMLL...
@GeorgeM777based on your reading, who *would* qualify for the exemption? The second paragraph seems to cancel out everything from the first paragraph. Audit pro...
Hey@GeorgeM777, just for the sake of debate/playing devils advocate - would it also be reasonable to read those two paragraphs as separate statements? They’re b...
Hey George, I'm having the same question. In the link you included, if you go to the very bottom of the page it says:"However, AB 85 only provides an exemption ...
