When advocating for taxpayers, “size does not matter!” Tax articles, GeneralSteve SimsJuly 3, 2020FTB, taxes, Abatement
Increase your effectiveness when working with the California Franchise Tax Board Tax articlesSteve SimsMarch 6, 2020taxes, FTB, FTB notices, tax controversy
Remind your clients that own a disregarded SMLLC, to file a tax return (Form 568) Tax articlesSteve SimsMarch 4, 2020Taxes, form568, smllc
Is your tax preparer licensed? Is their license current? Links provided here to look them up! Tax articlesSteve SimsJanuary 15, 2020Taxes, preparer, ftb, irs
Mandatory E Pay is required for some individuals that owe California income tax, but a good idea for all. Tax articlesSteve SimsJanuary 11, 2020Taxes, FTB, Mandatory epay
California Franchise Tax Board changes information required to file Head of Household. Get it right or get it denied! Tax articlesSteve SimsJanuary 8, 2020FTB, head of household, taxes
Are you paying an unlicensed tax preparer? California Franchise Tax “Ghost Busters” program ain’t afraid of no ghost! Tax articlesSteve SimsDecember 30, 2019Ghost preparers, ftb, ctec, taxes
The 15 Day rule is in affect for California corporations or LLC’s that need to form before the end of the year. Tax articles, GeneralSteve SimsDecember 27, 201915 day rule, FTB, LLC, corporation
Looking for a “Tax Preparer? Check out “Tips from the Internal Revenue Service and the State of California Franchise Tax Board” Tax articlesSteve SimsDecember 9, 2019Taxes, tax preparer, ftb, irs
Do you want to start off 2020 doing business in California as a Corporation or LLC? Use the 15 day rule and be ready to go. No return, no minimum tax due for 2019. Tax articlesSteve SimsDecember 4, 2019LLC, FTB, taxes
Are you due a California State tax refund, lottery winnings, or unclaimed property and the check didn’t come? You’ve been “Intercepted “...on the goal line! Tax articlesSteve SimsNovember 25, 2019FTB, taxes, intercept
So you moved to California or believe you are there temporarily... It’s important you report CA source income and report on the correct form. Tax articlesSteve SimsNovember 20, 2019Taxes, FTB, part year resident
So you’re doing business as an S Corporation without employees (not even yourself)... The IRS may still want Employment Taxes. Better you determine your pay than them. Tax articlesSteve SimsNovember 15, 2019Compensation, wages, employment taxes, taxes
You scratch my back I’ll scratch yours...Bartering for services or products usually needs to be reported to the IRS.... Tax articles, GeneralSteve SimsNovember 11, 2019IRS, bartering, reporting
Have you stopped doing business with your California “Domestic Corporation” or “LLC” but are still getting billed $800 each year? FTB may be able to abate that tax! Tax articles, GeneralSteve SimsNovember 8, 2019FTB, Administrative dissolution program
So you operate a website with links selling other companies products... You may now be a “Marketplace Facilitator” responsible for collecting and paying tax on retail sales in CA. Tax articlesSteve SimsOctober 14, 2019Taxes, marketplace facilitator, FTB
Things that make you go hmmm...Diapers and Menstrual Hygiene Products Are Exempt from Sales and Use Taxes Effective January 1, 2020 through December 31, 2021 Tax articlesSteve SimsOctober 9, 2019taxes, exemptions
“You got to know when to hold them, know when to report them....” Gambling income and losses. Tax articlesSteve SimsOctober 4, 2019IRS, taxes, Gambling winnings and losses
California explains “More about the Limited Liability Company (LLC) Fee and filing requirements. Tax articles, GeneralSteve SimsOctober 2, 2019FTB, LLC, fees, taxes
Thinking about moving? Is your employer paying your expenses? Could be counted as taxable income, without getting a deduction for the expenses. Tax articlesSteve SimsSeptember 16, 2019Taxes, moving expenses, ftb, irs
