2020 Year-End Individual Tax Planning As we approach the end of an eventful year, it is important to take some time to think of planning moves that may help lower your 2020 income tax bill. We continue to implement the Tax Cuts and Jobs Act of 2017 (TJCA) which contained Read more…
2019 Individual Year End Income Tax Planning As year-end approaches, it is a good time to think of planning moves that may help lower your tax bill this year. Below we have compiled a list of items that may help to save or defer taxes if taken into account before Read more…
Be Aware of California’s Stringent Source Income Rules for Service Businesses A recent California Office of Tax Appeals ruling determined that an Arizona individual who had a contract for screenwriting services for two California LLCs had California source income on which he had to pay California tax, even though Read more…