2023 Tax Season Prep & Planning
In this short article, we'll cover important tax deadlines, our tax prep process, and frequently asked questions.
In this short article, we'll cover important tax deadlines, our tax prep process, and frequently asked questions.
The IRS has recently issued Notice 2024-7, offering a beacon of hope to almost 5 million taxpayers who did not receive automated collection reminder notices during the pandemic. This relief…
A beneficiary is someone (or sometimes an entity) who is designated to receive benefits property belonging to another in the event of their death. Often, the benefits received are financial…
California residents have 0% state inheritance (or estate) tax. Instead, California estates follow the federal estate tax, which taxes only large estates valued at $12.6 million or more. The estate…
Got inheritance? If so, you might want to learn about one of several estate planning taxes in detail: capital gains tax on inherited property. Find out how capital gains tax…
In California, the probate process can sometimes take as little as nine months, but that is not common. Typically, it can take anywhere from several months to a year-and-a-half, with…
What Is a Revocable Living Trust in California? A California revocable living trust is a legal contract that allows individuals to continue to own and control their property while they…
Steps To Create a Will in California Preparing and deciding how to best handle your assets beyond your lifetime is not easy, and you may have lots of questions. However,…
After a divorce, you may find your estate plan is all of a sudden outdated. You have assets that, upon your death, could be distributed to your now ex-spouse. Thus,…
Avoiding Probate in California Probate (court proceedings to enable the transfer of assets of a deceased person to the people who inherit them) can be long, costly, and confusing. However,…