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Last year a series of high-profile mass shootings cast a national spotlight on the issue of gun control, dividing the nation on the issue of whether more or less regulation is the key to preventing gun violence. Many states are working on their own gun control...

The United States Senate recently voted to approve the Marketplace Fairness Act, a proposed federal law that would allow states to compel online and catalog retailers (called “remote sellers”) to collect sales tax on purchases made by people in the state. However,...

Anyone who follows the trends and topics in tax law, as we do here, has probably heard a great deal about online sales tax in recent months. With the growth of major online retailers like Amazon, some small businesses have a hard time staying competitive. This is...

California's entertainment industry is no stranger to Sumner Redstone, who owns majority stakes in multiple TV production companies. Although Redstone recently made headlines, it's not for anything related to his involvement in the entertainment industry. In fact, the...

Every year the Small Business and Entrepreneurship Council releases a list that ranks each state based on the friendliness of its tax system to small businesses. This year, Texas was ranked number one and our very own California came in dead last.A state's tax system...

In our last post we talked about tax troubles faced by celebrities. Specifically, Wesley Snipes and MMA fighter Nick Diaz have both garnered headlines in recent years. Snipes was sentenced to three years in prison for failing to file returns in 2008. And Diaz...

Many people follow celebrity news to stay up-to-date on pop culture, gossip and the latest fashion trends. Some people consider the rich and famous to be role models for building a brand and running a business. But it doesn't stop there.As several recent cases...

The California Franchise Tax Board recently made a decision to retroactively collect taxes that the state's business owners and investors had been told they would not be expected to pay. It started 20 years ago when the state offered a capital gains tax incentive to...

Last week we talked about a few common income adjustments that California taxpayers can use. For example, unemployment compensation and some disability benefits are not taxable in the state, which can lead to an adjustment of your taxable income and help you keep more...

California income tax is a large part of your tax bill, as you have doubtless noticed if you have started your return. California income tax is calculated similarly to federal income tax, but with a few extra rules. In California, you are taxed on income from all...