So Did The Wall Street CEOs Actually Call For Tax Hikes to Fix the Deficit?
On Thursday, the Wall Street Journal published a letter from over 100 major CEOs apparently calling for tax hikes in an effort to reduce the [...]
A New California Law Affecting Commissioned Employees
Labor Code section 2751 has been on the books for several years. Historically, it required out-of-state companies to document, in writing, the commission structure for [...]
Tulare County Spends $300,000 On A Meritless Claim — Why???
News media in the Central Valley has widely reported on Tulare County spending $300,000 to settle a lawsuit brought by a deputy district attorney, Todd [...]
Obama’s 20 Page Booklet and Offshore Tax Incentives
tekddkIn the booklet, called “The New Economic Patriotism: A Plan For Jobs and Middle-Class Security,” Obama touts his success at keeping the American auto industry [...]
IRS Releases Inflation Adjustments–gift tax exemption increased
The IRS just released various inflation-adjustments for 2013 (Rev. Proc. 2012-41, 2012-45), including:Gift Tax Exemption: $14,000 (up $1,000 from 2012)Contribution Limit for 401(k)/403(b)/457 Plans: $17,500 [...]
Year-End Gift Planning: How Valuation Clauses Can Get Around a Late Appraisal
With the abnormally high gift/estate tax exemption amounts of $5.12 million set to sunset at the end of this year, many attorneys, CPAs and tax-advisors [...]