Tax Law

A California state senator has sponsored a bill that would ask Californians to vote on whether the state should implement a tax on the estates of the richest residents.Sen. Scott Wiener, D-San Francisco, is proposing a 40 percent tax on estates worth more than $3.5...

With the holidays over and the arrival of the new year, our attention turns to a topic much less festive and heartwarming.Income taxes. Those W-2 and 1099 forms will be arriving shortly, and it will be time to file your tax returns soon enough. We can hope to get a...

It's the holiday season, and we'll be bombarded with ads for TVs and toys and other trinkets. But the minute the new year rolls around, Californians will face a new season with all new - and less fun -- advertisements: tax season.And the 2019 tax season - in which...

We've heard a lot of enormous numbers thrown about lately when it comes to lottery jackpots. There's been $1.6 billion. How about $620 million? They're mind-blowing and life-changing numbers.They're also extremely taxable. While California doesn't tax lottery...

Owning a home in California is an expensive proposition.When you buy the house, you look at the monthly mortgage payment to make sure you can afford it. But don't just consider the amount of the principal and interest to determine your monthly house-related costs. Add...

There's so much to know and so much to do when you open a business in California. One of the biggest things to learn about?It involves these two little words: sales tax. Sales tax is a tax imposed by state and local governments at the time a purchase is made. In...

Most people don't really know that much about federal estate taxes, and the confusion has only increased in the last year since the Tax Cuts and Jobs Act went into place.Here are some of the most important things you should know about how federal estate taxes work: 1....

The U.S. Supreme Court has ruled that states can require online retailers to collect state sales taxes on goods delivered to their residents and businesses. Previously, states only had the power to force retailers to collect such taxes when the retailer had a physical...