Is Estate Planning Tax Deductible?
With tax season quickly approaching, it’s time to start discovering which of your expenses this year can be considered tax deductible. Learn whether estate planning fees can save you money on your tax refund!...
Will Taxes Go Down in 2023?
The new year is here and everyone is putting together their resolutions! Near the end of 2022, the Internal Revenue Service (IRS) released the updated tax information for 2023....
$2.04 Billion Powerball: Yes, You Do Have to Pay Taxes on Your Lottery Winnings
The largest ever Powerball Jackpot was just won this past Monday! The lucky winner was a Southern California resident whose $2 ticket raked in $2.04 billion dollars!...
How Will New IRS Hirings Impact Your Business?
The new Inflation Reduction Act approves funding for the Internal Revenue Service...
How to Approach Filing Your Taxes If You’ve Been Trading on Robinhood
To sell or not to sell, that is the question. What’s the good in selling stocks or crypto for profit if you’re not optimizing...
Estate Tax in California
States need to maintain themselves, and part of their revenue sources are collected through taxes...
How Do Tax Extensions Work?
In the great state of California, millions of people should be hard at work preparing...
Salaries vs. Dividends — How Should You Pay Yourself?
The prospect of paying yourself one day is one of the many joys that inspire people to start and build their own businesses....
Taxes on Cryptocurrencies
Receiving payment in cryptocurrency is another matter. In the eyes of the IRS, income means income, no matter what the source....
The Qualified Principal Residence Debt Exclusion – It’s Important
These trying times have had many homeowners searching for ways to reduce taxes. Here is a significant one, ...