Taxpayer Bill of Rights outlines protections for all taxpayers
All taxpayers have rights when they interact with the IRS. These ten rights are the Taxpayer Bill of Rights, and they cover a wide range of topics and issues that directly affect taxpayers. These rights [...]
AB 91 – Loophole Closure and Small Business and Working Families Tax Relief Act of 2019
Assembly Bill 91 modified the Earned Income Tax Credit, created the Young Child Tax Credit, disallowed a separate state election for certain qualified stock purchases, and selectively conformed, with modifications, to several federal Tax Cuts [...]
Business 101 – What should you know?
Through the years working in tax law, one of the biggest issues that arises for business owners is taxes. Many people that have a special trade who decide to go out on their own and [...]
Owe Back Taxes Due to Underpayment of Covered California Premiums
As the deadline approaches for filing personal tax returns for those who filed extensions for the 2018 tax year, we often have to remind individuals that although they can file an extension to file the [...]
Closed a Business? Make sure you complete the entire process.
The filing of a final return will not legally terminate a business and will not end its requirement to file and pay taxes. The entity is still required to submit the Certificate of Dissolution/Cancellation document [...]