December 23, 2019

A Brief summary of major SECURE Act law changes for the income tax code.

October 27, 2019

California is a great place to live.  However with the great weather sometimes comes a price, in this case with ever changing laws that impact taxpayers and business owners.  In recent months, two significant laws have been passed which merit attention.

The first i...

May 27, 2019

As you may have heard, last summer the United States Supreme Court ruled on the case of South Dakota vs Wayfair, Inc. and ruled in favor of South Dakota.  The ruling was ground breaking in that it overturned decades of precedent regarding the collection of sales tax on...

December 21, 2018

For those who have not already done so, if you feel you would benefit from year end planning, or would like to get a feel for what your situation will look like under the new laws, there is still time.  There are 10 days left in the year.  Be advised though, tax planni...

October 20, 2018

Despite the acronym, GILTI won't impact most US taxpayers.  Global Intangible Low-Taxed Income is a new tax law provision  enacted for years beginning in 2018.  It applies to certain shareholders owning stock in foreign corporations.    What GILTI basically does, is in...

September 3, 2018

As part of the TCJA passed by the Trump administration last year, one of the changes made was a limit to the personal deductibility of state taxes, real estate taxes, and personal property taxes to $10,000 in total.  Now, is that significant?  Maybe, maybe not.


February 20, 2018

Everyone thought that Congress was done in December after it passed its most sweeping tax law change package in 30 years.  I mean after all, only an idiot when wait until February to pass tax law for the previous year right?  

Well we're gonna need a bigger program...

December 10, 2017

Nobody likes to get unexpected mail from the IRS.  I don't even like getting mail addressed to me when its clearly not as a taxpayer representative.  Alright, what do you do?  

No, don't be like this guy.  

Step one:  Open the envelope.  It won't hurt you, I pr...

November 13, 2017

This is an issue that seems to be popping up more and more.  Taxpayers take a job outside the US and spend the majority of their time living there.  Now whether they qualify to claim the foreign earned income exclusion (FEIE) depends on a number of things, and certain...

September 5, 2017

Meet the new boss. Same as the old boss.  Sing it.  With Pete Townshend's voice.  

The California Board of Equalization is still around.  No, really.  It just won't do as much anymore.  The brand spanking new California Department of Tax and Fee Admi...

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