Posts Tagged ‘California’
Estate Planning with Real Estate Within Your Family After California Prop 19
Estate Planning with Real Estate For many years, we have advised many of our high net worth clients and their families on real estate transactions, restructuring and income and estate planning. Our primary focus is to assist families in preserving wealth, effectively transferring wealth to the next generation, educating them and their children on how…
Read MoreShould I Move Out of California Due to the Proposed Wealth Tax?
Should I Move Out of California Due to the Proposed Wealth Tax? Why now? I am currently getting a lot of questions from individuals wanting to change their state tax status to California non-resident due to ab2088. Ab2088 known as the Wealth Tax, is a bill going through the California legislation process. “This bill would…
Read MoreDavid Crane, President of Govern for California
Interview Transcript, David Crane, President of Govern for California: Alan Olsen: Can you share a little about your background? David Crane: I was born and raised in Denver and graduated from public high school out there. I graduated from the University of Michigan and came out to California in 1977 to go into law school.…
Read MoreCalifornia Unitary Group of Corporations; Intercompany Distributions; Deferred Gain Tracking
California Unitary Group of Corporations; Intercompany Distributions; Deferred Gain Tracking New Form 3726 – Deadline Extended to 10/15/09 Unitary Groups must do more tracking in some cases. The Franchise Tax Board wants to make sure deferred intercompany gains don’t get lost over the years (and therefore, never taxed), so they are forcing taxpayers to provide…
Read MoreWhy Are California Lawmakers Battling Over How to Spend Free Money?
Why Are California Lawmakers Battling Over How to Spend Free Money? When it comes to money, free is a very nice price. Who doesn’t like a free handout? Ask around and almost anyone would say they love to get something for nothing, which is why people spends millions in gambling and other games of chance.…
Read MoreCalifornia Billionaires
California Billionaires March 10, 2006 Recent reports show that there are at least 100 new billionaires in the world this year, adding to the ever expanding list. Many billionaires reside in California, and are displayed below. Listings include rank, name, age where known, wealth in billions of dollars and source of the money. A number…
Read MoreDissolving California Entities That Have Ceased Doing Business – The Ralite Lamp Corporation Case
Dissolving California Entities That Have Ceased Doing Business – The Ralite Lamp Corporation Case Entities have one year from the date their final return is filed to formally dissolve LLC California with the Secretary of State. The FTB no longer assesses the $800 minimum franchise tax, or the $800 annual tax, for the year after…
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