Business And Corporate Taxes

In California, there are an array of state tax agencies and state taxes. Among those taxes are two parallel tax obligations: franchise...

For an array of reasons, some taxpayers have not filed taxes in years.  Motivations for this approach to taxes vary, but some taxpayers...

Taxpayers are reluctant to file and pay taxes for a variety of reasons. Some taxpayers may believe that they do not earn enough to have...

For investors, entrepreneurs, and other business-minded individuals the Wall Street Journal is the gold standard for business and...

Many taxpayers are highly conscientious regarding tax deadlines and ensuring that all obligations are squared away in a timely manner....

In California, the state income tax obligation is administered by the California Franchise Tax Board (FTB). Essentially, the California...

The partnership is an effective and efficient method of organization for many businesses including professionals. However, special tax...

Taxpayers in California are aware that they must work with multiple government agencies to satisfy all aspects of their income and other...

Many taxpayers routinely express shock and horror regarding their perceptions of our tax system. They may hold beliefs like, “Why should...

The IRS sometimes questions whether a business that has historically generated losses is actually a business, or if it is instead a...

In 2015, the IRS revealed a plan that would have given the option for non-profit organizations to collect certain personal information...

Whether you prefer the term gig economy or sharing economy, the feel-good language can obscure one major shift that the new economy has...

It is a reasonably common practice for certain business owners to pay workers “under the table” or “off the books.” Oftentimes, the...

It is quite common for a rental property to generate a loss for tax purposes, particularly where there are significant improvements made...

The IRS recently announced the Early Interaction Initiative (EII) in attempts to prevent payroll tax delinquencies before they start....

Many business entities in California are formed with the expectation of generating a profit, but things do not necessarily go as planned....

Understanding and complying with state tax requirements is key for any California LLC hoping to avoid stiff penalties. But the...

Nonprofit companies are often provided with a large array of tax benefits. However, even with their tax-exempt status, it is important to...

If you are operating a business in California, the last news you want to receive is that your company is being audited by the Internal...

Taxes are rarely simple. Many taxpayers turn to tax attorneys and other experts to help them get it right when filing their taxes. Nobody...