Most small-business owners in the Bay Area do their best to pay their taxes on time and in full. While it may not be the most enjoyable part of owning a business, it is necessary to avoid trouble with the Internal Revenue Service. Sometimes, however, people make...
Some California residents know firsthand the difficulties that come with estate taxes. Forgetting to plan for taxes is a common mistake people across the country make when putting together an estate plan. However, failing to consider estate taxes, gift taxes and other...
A few weeks ago we discussed a very serious and controversial tax issue that was slated to hit California investors. In particular, people who invested in small businesses within the last five years. In 2008, the California government gave a tax break to people who...
As many Californians know firsthand, the Internal Revenue Service makes decisions that can have huge impacts on the lives of many people. Changing tax policies can often make things very difficult for the affected individuals. The most recent decision the IRS made...
The story of Ryan Andresen's ouster from his Boy Scout troop earlier this year caused wide-spread controversy about the role of gay youth in the National Boy Scouts of America. Andresen was initially denied the scout's highest honor, Eagle Scout designation, because...
Many people in California know firsthand how difficult it is to deal with the Internal Revenue Service. Especially at the time of a loved one's death -- when taxes are the last thing you want to think about -- the IRS has a way of finding ways to get the most out of...
A recent study of the giving habits of the four major generations showed that baby boomers are the most philanthropic. Although baby boomers only make up 34 percent of the people who give to charitable causes, they are reponsible for contributing 43 percent of the...
According to a California law that was enacted five years ago, people who wanted to invest in small businesses in our state could get a tax break. With that incentive, many people chose to invest their money in promising companies across our state. The benefits of...
If you own a business in California, you know what a challenge it can be. You have to make sure your operation runs smoothly, and that means managing people, time, money and more. One thing that all business owners have to deal with is taxes. No one enjoys...
When any California resident begins to consider estate planning, there are many factor to think about. For a long time, protecting an estate from estate taxes has been a major priority for many Californians. As the federal government has changed the exclusion levels...