“Like it or not”...California like kind exchange reporting requirements and tips for correct reporting
“Tax Incentives for a Higher Education “....get that government paid scholarship! (Kinda)
Ok, starting the “All About the Positive” book club. Choose your own book and share!
On sale now at the IRS! Get a 20% deduction if you’re a member of an S Corporation, Partnership or LLC!
When it comes to 1031 Like-Kind Exchanges, IRS changed, but California did not. But, if it doesn’t work for Federal...it doesn’t work for California!
California’s new tax court dogged by backlog, bias claims
Getting it Right! “Senate confirms Charles Rettig to be IRS commissioner”... An Advocate for the people, also my mentor and good friend.
Done with your business entity (Corporation, LLC, etc.)? You better shut it down or it will continue to cost you!
Tips from the Internal Revenue Service and the State of California Franchise Tax Board On “How to choose a Tax Professional “
So, you’re donating your Nike gear to charity....you will need to determine Fair Market Value.
Being audited by the IRS or FTB? Thinking you’re going to represent yourself......You’d better check yourself before you wreck yourself!
California Taxpayers that claimed Head of Household, the Franchise Tax Board may come a callin.... make sure you respond!
Tax Professionals still using SIMS to help California disaster victims.
Death in the family and you’ve been named the administrator of the estate. Are you required to file an estate tax return?
Gambling Income - “You got to know when to hold’em, know when to report’em, know when to walk away, know when to run”! Or else....
Considering “Bankruptcy” to eliminate individual federal income liabilities? It ain’t easy, it’s complicated!
Criminal Tax Evasion, doesn’t just apply to the big fish. You don’t hear about the little ones because they get swallowed whole.
Bartering in business....“you scratch my back I’ll scratch yours”? Probably a taxable transaction. Just sayin!
You file for your refund and the IRS says “you got yo money” or they come after you for a refund you never received... TAX IDENTITY THEFT...NO JOKE!
So, you have a business and use the loss to reduce your wage or other income? Not so fast, it may just be a hobby....”you can’t do that....”!