Shutting down a corporation or LLC? Get it done before the end of the year! General, Tax articlesSteve SimsSeptember 14, 2019FTB, taxes, LLC
So you owe back taxes and can’t pay right now.... put it on layaway (kinda). A payment plan can prevent involuntary collection action! Tax articles, GeneralSteve SimsAugust 23, 2019IRS, taxes, payment plan
With those full grown rugrats heading off to college the IRS has a reminder for parents, students: Check Out College Tax Benefits Tax articles, GeneralSteve SimsAugust 19, 2019IRS, College tax credits, tax credits
Hiring an Enrolled Agent (EA), what does it mean? One thing is that they are licensed in all 50 states unlike other designations (CPA, Attorney, CTEC etc.) General, Tax articlesSteve SimsAugust 14, 2019Enrolled agents, taxes
How to apply K-1 Withholding Credits when generated by a CA pass through entity. Tax articlesSteve SimsAugust 5, 2019K-1 Withholding Credits, FTB, Franchise Tax Board
Are you doing business in California while your entity is suspended? It could cost you $2,000 each year! Tax articles, GeneralSteve SimsJuly 17, 2019FTB, Suspended, Taxes
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
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
As remote sellers (located outside of CA) you may be required to collect sales tax! Check out the Matrix. I know what you’re thinking....how are they gonna know? Tax articlesSteve SimsJune 10, 2019CDFTA, remote sellers, use tax
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
