California “Waiting Time” Penalties NOT Classified as Wages for Payroll Tax Purposes
Anytime there is a judgment, award of damages, or settlement that involves the transfer of funds a careful analysis should be undertaken to determine the [...]
L.A. Times Reports Support for Gutting Prop 13 is Waning
As I have mentioned before, the summer of 2016 will be a big year for CA ballot initiatives. First, CA voters will likely be asked [...]
Estate Planning, Portability & Step-Up in Basis
Although several years old, attorneys, financial planners and CPAs are still "getting used" to the relatively new portability rules. For decades, when it came to [...]
When Parents Die…Often the Fighting Begins
This morning I ran across an article on ABC 30 discussing the family fight over certain rights to the Forestier Underground gardens. As is not [...]
GOP Tries Repeal of Estate Tax
Republicans in both houses of congress are introducing bills to permanently repeal the estate tax. While bills like this are customarily introduced, the While House [...]
Suspended CA Corporations Cannot File Tax Court Petitions
If you have a California entity, failure to timely file statements of information or timely pay or file state income taxes can lead to the [...]