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
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
Increase or improve your firms CA Franchise Tax Board tax controversy practice through the use of my services as an independent contractor. Services for companies and individuals. GeneralSteve SimsAugust 9, 2019Steve Sim, Tax Controversy, taxes, FTB, Specialist
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
Mini Series on collecting Social Security-Part 4: What you need to know about Disability and Supplemental Security Income GeneralSteve SimsAugust 2, 2019Social Security, SSA
Mini Series on collecting Social Security-Part 3: When should you apply for Social Security? What you will need? GeneralSteve SimsJuly 31, 2019Social Security, SSA
Mini Series on collecting Social Security - Part 2: Know where you stand......Create your personal my Social Security account today! GeneralSteve SimsJuly 29, 2019Social Security, SSA
Mini Series on collecting Social Security-Part 1....Will you have enough Social Security Credits to draw social security benefits when your time comes? GeneralSteve SimsJuly 26, 2019Social Security, SSA
So you operate as an LLC and think you can’t be sued personally... Think Again! GeneralSteve SimsJuly 22, 2019LLC, liability
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
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