Newsletter and Articles
California Equity-Based Compensation Guidelines – Move from CA to Other States
The taxation of Restricted Stock Units (RSU), Incentive stock options (ISO), Non-Qualified Stock Option (NSO), and Employee Stock Purchase Plans (ESPP) for employee work in California (CA) can be affected...
How to Form a Real Estate Investment Trust (REIT)
Photo by Tierra Mallorca on Unsplash The following offers a general summary of the basic tax law requirements applicable to REITs. To qualify as a REIT, an entity must meet...
How to Analyze Your Current Finances
This article was authored working with wikiHow, the world’s largest “how to” site, and also featured here on the wikiHow website. Before you can improve your financial health, you need to...
How to Reduce Your Taxes on Salary Income
This article was authored working with wikiHow, the world’s largest “how to” site, and also featured here on the wikiHow website. While you may have heard that nothing is certain...
How to Prepare a Tax Return for a Nonprofit
This article was authored working with wikiHow, the world’s largest “how to” site, and also featured here on the wikiHow website. Even if a nonprofit organization has achieved tax-exempt status, for example...
How Many Whole or Partial Rooms Can You Use for Your Home Office?
With the COVID-19 pandemic still going on, you may be spending more time working from your home office. You may have taken some extra rooms for your business use. Is...
Avoid Trouble: Don’t Let the IRS Set Your S Corporation Salary
You likely formed an S corporation to save on self-employment taxes. If so, is your S corporation salary nonexistent? too low? too high? just right? Getting the S corporation salary...
Government to Landlords: Drop Dead!
During this COVID-19 pandemic, landlords have two big possible problems: Tenants who can’t pay the rent. Tax losses they can’t deduct. We’ll start with the tenants and then move on...
All About Limited Liability Companies (LLCs)
Limited liability companies (LLCs) are a popular choice of entity for small businesses and investment activities. LLC owners are called members. Single-member LLCs have one owner, although spouses who jointly...
Raise Hell: Help Lawmakers Make PPP Expenses Tax Deductible
As you read this, it’s likely that your lawmakers are working on the next Payroll Protection Program (PPP) package. And hopefully, in this next package they will include a provision...