A one-stop website full of resources for California business owners is now up and running thanks to the Governor’s Office of Business and Economic Development (GO-Biz). The site was launched earlier this month in response to requests for better online
As a resource to our clients, friends, and colleagues, Carmel & Naccasha, LLP is very pleased to distribute the most recent Tax and Business Alert Newsletter. This quarterly Newsletter provides up-to-date federal tax law changes, inside information, business legal and
As most people have heard, Congress cobbled together new rules regarding the estate and gift tax that will be in place for a whopping two years. Despite the obvious tenuousness associated with laws in place for only two years, the
It appears there may be some light at the end of the tunnel for the estate tax. After being bogged down by Congress’s inaction regarding the estate tax law sunset, practitioners are now getting clearer pictures of what they can
I Have to Pay Taxes On Forgiven Loan Proceeds? One of the harsh realities of our beloved taxing system is that it will tax you on any benefit received. With the housing market still crawling out from the depths of
As a general matter, retirement benefits are pretax dollars that have been invested on behalf of an employee. Accordingly, when the employee, or his designated beneficiary, ultimately receive the funds, they will be subject to ordinary income tax. There is little
Apparently, Congress has put forth the “stellar” idea to remove the tax exemptions that are synonmous with employer provided healthcare (Article). Although there is a long history of taxing benefits that do not result in cash in hand, this proposition
A one-stop website full of resources for California business owners is now up and running thanks to the Governor’s Office of Business and Economic Development (GO-Biz). The site was launched earlier this month in response to requests for better online
As a resource to our clients, friends, and colleagues, Carmel & Naccasha, LLP is very pleased to distribute the most recent Tax and Business Alert Newsletter. This quarterly Newsletter provides up-to-date federal tax law changes, inside information, business legal and
As most people have heard, Congress cobbled together new rules regarding the estate and gift tax that will be in place for a whopping two years. Despite the obvious tenuousness associated with laws in place for only two years, the
It appears there may be some light at the end of the tunnel for the estate tax. After being bogged down by Congress’s inaction regarding the estate tax law sunset, practitioners are now getting clearer pictures of what they can
I Have to Pay Taxes On Forgiven Loan Proceeds? One of the harsh realities of our beloved taxing system is that it will tax you on any benefit received. With the housing market still crawling out from the depths of
As a general matter, retirement benefits are pretax dollars that have been invested on behalf of an employee. Accordingly, when the employee, or his designated beneficiary, ultimately receive the funds, they will be subject to ordinary income tax. There is little
Apparently, Congress has put forth the “stellar” idea to remove the tax exemptions that are synonmous with employer provided healthcare (Article). Although there is a long history of taxing benefits that do not result in cash in hand, this proposition
Recent Posts