The Benefit Of California Pass-Through Entity Tax
In 2017, the the pass-through entity tax (PTE) was enacted in response to the Tax Cuts and Jobs Act. California has adopted elective PTE as a way to deal with
How To Plan For A Successful Retirement
With stocks and interest rates fluctuating, retirement may seem unsustainable for many people. But when it comes to older adults, clinging to their job can be a bad thing rather
Lifetime Estate and Gift Tax Exemption To Sunset In 2025
Whether you give vehicles, cash or stocks to someone, the government may want to collect some taxes. Luckily, you can transfer assets and their appreciation out of your estate sooner
Irrevocable Trust: Utilize The Current Tax Exemption Before It Expires
The federal estate tax exemption will expire December 31, 2025. When that happens, the exemption will be cut in half and adjusted for inflation. New tax legislation could possibly be
Tips vs Service Charges Tax Implications For Californians
Albeit it’s been over 7 years since the IRS enforced the Revenue Ruling 2012-18, there’s still confusion among restaurant owners. This ruling defines tips vs service charges, and clarifies the
How Outsourced Accounting Services Can Help Your Business
As a business owner, you know the challenges of managing your company’s finances better than anyone. And making sense of the numbers is not only frustrating, but also time-consuming. Consequently,
Finding A Good Accountant For Your Small Business
A good accountant can do more than help you with filing your yearly taxes. Finding a good accountant is not only advantageous to understanding tax laws, but also in helping
