I recommend regular health checkups and the IRS recommends a “Paycheck Checkup” Tax articles, GeneralSteve SimsJuly 15, 2019Taxes, Withholding, IRS
Just what can you write off for your business....Common Business Expenses for the Business Owner and Highlights of the Federal/State Differences Tax articles, GeneralSteve SimsJuly 10, 2019Taxes, FTB, Business Expenses
Has your corporation or LLC stopped doing business and is still receiving notices from the CA FTB to pay $800 minimum tax? Make it go away with their new Administrative Dissolution Program. Tax articles, GeneralSteve SimsJuly 1, 2019FTB, Taxes, Administrative Dissolution
CA Secretary of State issue alert for business entities to beware of misleading solicitation letters to file your “Statement of Information “. GeneralSteve SimsJune 26, 2019Secretary of State
Know your rights with the IRS! Taxpayer Bill of Rights #5 “The Right to Appeal an IRS Decision in an Independent Forum”. Tax articles, GeneralSteve SimsJune 24, 2019IRS, Taxpayer bill of right, Taxes
CA Franchise Tax Board requesting certain tax-exempt entities file a corporate (Form 100) tax return and pay the tax. Tax articles, GeneralSteve SimsJune 17, 2019FTB, tax exempt, Notices
Military Spouses get a break at the federal and California state individual income tax level. Tax articles, GeneralSteve SimsJune 14, 2019Taxes, military spouses
Non-Resident Sole Proprietors performing services for clients in CA, where the benefit is received, have CA source income and may need to file a CA return. Even if you don’t set foot in CA! Tax articles, GeneralSteve SimsJune 12, 2019FTB, taxes, sole proprietor, non resident
Do you owe CA back child support for a child that is now an adult? You may be able to settle by paying a lower amount. The debt does not expire! GeneralSteve SimsJune 5, 2019Child support, COAP
California Employment Development Department (EDD) may require you to report “Independent Contractor” payments above $600 to them within 20 days of making payment. GeneralSteve SimsJune 3, 2019EDD, independent contractor, payments
Do you live in a “Community Property State“? What’s his is hers, and what’s her is his.... no not necessarily so.... General, Tax articlesSteve SimsMay 29, 2019Community property
Headed off to college? Check out the IRS Tax Benefits for Education: Information Center Tax articles, GeneralSteve SimsMay 24, 2019IRS, tax credits, Tax benefits, education
If you don’t pay your DMV vehicle registration, the Franchise Tax Board may just take it! Tax articles, GeneralSteve SimsMay 22, 2019FTB, Vehicle registration
Are your Social Security Benefits Taxable? Not by California, but maybe by the IRS! Tax articles, GeneralSteve SimsMay 17, 2019Social Security, taxes, IRS, FTB
Is your small business looking to provide health insurance for your employees? Start here! General, Tax articlesSteve SimsMay 15, 2019Small Business Health Option Program, health insurance, Small Business
California Non-Resident Withholding - “You make it, they take it”....for California Tax articles, GeneralSteve SimsMay 13, 2019FTB, taxes, nonresident withholding
“Is that corporation/LLC suspended”? Use the CA Secretary of State Business Search database to find information on business entities registered in CA. General, Tax articlesSteve SimsMay 10, 2019Suspended corporation, LLC
Illusive entity ownership loophole narrows as IRS revises EIN application process; seeks to enhance security General, Tax articlesSteve SimsMay 8, 2019IRS, EIN, responsible party
Ex-Spouse leaves you owing significant income tax debt? Innocent Spouse is not always an oxymoron! General, Tax articlesSteve SimsMay 1, 2019Innocent spouse, IRS, taxes
California Franchise Tax Board (FTB) makes it faster and easier to manage your account and “know what you owe” online with MyFTB. Tax articles, GeneralSteve SimsApril 29, 2019FTB, taxes, myftb