Formula Value Gifts–How to Make a Gift That is Essentially Audit Proof
"I hereby make a gift of a portion of my LLC interests worth $X to my son, BUT, if the IRS audits me and says [...]
So CA Legislators Won’t Have Their Pay Cut–Prop 25 Rendered Toothless
Anytime a ballot initiative is written and supported by the legislature and proposes to "cut" legislature pay if no balanced budget is reached, be skeptical.Many [...]
Family Limited Partnerships Video Presentation
So I've toyed with the idea of creating short videos discussing various estate and tax planning techniques for quite some time. I'm more of a [...]
California’s Tax Takers Await Day-by-Day Updates of Tax Proceeds
There's an interesting article in the L.A. Times about the hundreds of workers in Sacramento who are busy during tax season opening and sorting taxpayer [...]
The Great California Exodus
Another great article in the weekend edition of the WSJ interviewing Joel Kotkin, who is an acclaimed demographer and self-professed "Truman Democrat". Mr. Kotkin runs [...]