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September 2015 Archives

Sell your home in 2015? You may owe capital gains taxes

It’s no secret that the housing market in many parts of California and the rest of the country has favored sellers. That means after sitting tight through the housing market crash, many people who sold their homes this year brought in a nice little profit.

Three capital gains tax questions to ask yourself

Fall is here, which means it’s time to start thinking about year-end tax consequences, including capital gains taxes. Of course, you would never want to buy or sell investments based on tax outcomes alone, but it’s still a good idea to understand the tax consequences that you stand to face and plan accordingly.

IRS alleges Coca-Cola owes billions - Coke vows to defend itself

When you picture an IRS audit, you probably imagine a giant government agency going after the "little guy:" An average American who just wants to live and work in peace. Sadly, many everyday Americans do get audited by the IRS, especially those trying to run a small business.

Know your rights regarding IRS interactions: Part I

The Internal Revenue Service is perhaps the most maligned of all government agencies. While some of this comes with the territory (people don't like paying taxes), the IRS has also earned much of its bad reputation. Many people view the agency as bureaucratic, authoritarian and uncompromising.

The benefits of hiring an attorney who is also a CPA

Before we get into the benefits of hiring an attorney who is also a CPA, let’s discuss the main difference between the two. While an attorney specializes in the laws surrounding business transactions, taxes and estate planning, CPAs specialize in the financial outcomes of each.

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