California LLC Laws And IRS Identity Theft Reporting

The Biden Administration Corporate Tax Proposal

A discussion on the tax history of LLC entities in California as well as information on the IRS’s Fraud Reporting Division

cryptocurrency

Will the IRS Collect on Cryptocurrency?

Will the IRS Collect on Cryptocurrency? The digital age has changed the way the world operates. Just about every industry imaginable has been affected by technology already. That includes how we use and exchange money, over the Internet. Whether you call it bitcoin or cryptocurrency, or any other similar moniker, these forms of digital currency…

Is Paying Estimated Taxes Actually a Good Idea?

Is Paying Estimated Taxes Actually a Good Idea?

Is Paying Estimated Taxes Actually a Good Idea? For most people, thinking about taxes outside of April is a sin. However, anyone who earns self-employment income must think about taxes all the time. That’s especially true every three months when it’s time to pay quarterly estimated taxes. No one really likes paying estimated taxes. After…

Delaware Decides to Kill its Estate Tax

Delaware Decides to Kill its Estate Tax

Delaware Decides to Kill its Estate Tax The federal estate tax, often referred to as the death tax, has long been one of the most controversial taxes in the nation. Several states also carry an estate tax on top of the federal portion. Recently more and more states have been moving away from this tax,…

Do All of Trump’s Strategists Favor Tax Cuts for the Wealthy?

Do All of Trump’s Strategists Favor Tax Cuts for the Wealthy?

Do All of Trump’s Strategists Favor Tax Cuts for the Wealthy? There’s no secret that Republican lawmakers want to lower tax rates for the wealthy. However, there are new reports that someone very close to President Trump is looking at raising the tax rate for the nation’s highest earners. It might come as a surprise,…