Understanding and complying with state tax requirements is key for any California LLC hoping to avoid stiff penalties. But the ever-changing landscape of the state’s tax code can make this a difficult task. While you hope to remain in compliance with...
Every year, American citizens in every state, including California, are legally required to submit their tax returns to both state and federal governments. When taxes are due, a time known as tax season, many people become frustrated over the complexities of the...
Every American citizen is required by law to pay their taxes. The amount of money in taxes you owe will depend on many different factors related to your annual income and may not be the same every year. Sometimes, people neglect or forget to pay their taxes, but they...
Ensuring that you meet all of the requirements of annual tax filings can be complicated, even if you don’t owe the government any money. Regardless of your tax situation, you should be aware of the ramifications of your tax filing decisions well in advance...
Taxes are rarely simple. Many taxpayers turn to tax attorneys and other experts when filing their taxes to help them get it right. Nobody wants to file inaccurate taxes and possibly be hit with penalties. However, everybody wants to maximize their deductions to...
The years 2020 and 2021 were very unusual, to say the least. Because of the COVID-19 pandemic, many Americans lost their jobs. Many people made up their lost income with new jobs, unemployment, or public assistance. Tax situations for many people filing in 2021 are...
