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Take Advantage Of A “Stepped-Up Basis” When You Inherit Property
If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes....
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California Tax Updates for June 25
Update 1: Many California businesses are downsizing or have closed permanently due to COVID-19. The California Franchise Tax Board (FTB) has released a...
California Tax Updates for June 18
Post 1: Have you wondered what the California Taxpayers’ Rights Advocate actually does? The CA Dept. of Tax and Fee Administration just...
The History of April 15th and Tax Day
April 15 isn't most Americans' favorite day, and that's because most years, it's the official, federal tax deadline (for the first time...
Cash Payments and Tax Relief for Individuals in New Law
A new law signed by President Trump on March 27 provides a variety of tax and financial relief measures to help Americans...
Can You Deduct Charitable Gifts On Your Tax Return?
Many taxpayers make charitable gifts — because they’re generous and they want to save money on their federal tax bills. But with...
