Thinking about moving? Is your employer paying your expenses? Could be counted as taxable income, without getting a deduction for the expenses.
Shutting down a corporation or LLC? Get it done before the end of the year!
So you owe back taxes and can’t pay right now.... put it on layaway (kinda). A payment plan can prevent involuntary collection action!
With those full grown rugrats heading off to college the IRS has a reminder for parents, students: Check Out College Tax Benefits
Hiring an Enrolled Agent (EA), what does it mean? One thing is that they are licensed in all 50 states unlike other designations (CPA, Attorney, CTEC etc.)
How to apply K-1 Withholding Credits when generated by a CA pass through entity.
Are you doing business in California while your entity is suspended? It could cost you $2,000 each year!
I recommend regular health checkups and the IRS recommends a “Paycheck Checkup”
Just what can you write off for your business....Common Business Expenses for the Business Owner and Highlights of the Federal/State Differences
Has your corporation or LLC stopped doing business and is still receiving notices from the CA FTB to pay $800 minimum tax? Make it go away with their new Administrative Dissolution Program.
Know your rights with the IRS! Taxpayer Bill of Rights #5 “The Right to Appeal an IRS Decision in an Independent Forum”.
CA Franchise Tax Board requesting certain tax-exempt entities file a corporate (Form 100) tax return and pay the tax.
Military Spouses get a break at the federal and California state individual income tax level.
Non-Resident Sole Proprietors performing services for clients in CA, where the benefit is received, have CA source income and may need to file a CA return. Even if you don’t set foot in CA!
As remote sellers (located outside of CA) you may be required to collect sales tax! Check out the Matrix. I know what you’re thinking....how are they gonna know?
Do you live in a “Community Property State“? What’s his is hers, and what’s her is his.... no not necessarily so....
Headed off to college? Check out the IRS Tax Benefits for Education: Information Center
If you don’t pay your DMV vehicle registration, the Franchise Tax Board may just take it!
Are your Social Security Benefits Taxable? Not by California, but maybe by the IRS!
Is your small business looking to provide health insurance for your employees? Start here!