If you’re thinking about not filing your taxes by April 15 because you can’t pay what you owe right now, think again! If you delay filing your tax return and you owe money, you will [...]
On April 3, the Senate Finance Committee overwhelmingly approved the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act of 2014 with a strong bipartisan vote, setting the stage [...]
Are you looking for a hard and fast rule about what income is taxable and not taxable? The fact is that all income is taxable unless the law specifically excludes it.
A new law beginning on July 1, 2014 allows manufacturers and certain researchers and developers to obtain a partial sales tax exemption and use tax exemption on certain manufacturing and research [...]
The health care law has provisions that may affect your personal income taxes. How the law may affect you may depend on your employment status, whether you participate in a tax favored health [...]
The California Competes Tax Credit is an income or franchise tax credit available to businesses that come to California or stay and grow in California and is part of Governor Brown’s three part [...]
The tax law provides a credit for small employer health insurance premiums. This credit can be as much as 35% (25% for tax-exempt organizations) of the insurance premiums paid by the employer in 2013.
There are two ways to determine your tax — the regular way that most everyone understands, and the alternative method. Your tax will be the higher of the two. So what is the alternative tax and [...]
After Dec. 31, there’s nothing you can do to affect your taxes for the year that just passed, right? Not so. There are countless things you can do before you file to screw up your return.