Monthly Archives: February 2012

IT IS ALL ABOUT TIMING

Posted on February 15, 2012 by Kim

If you think you are entitled to a refund do not wait until it’s too late to file an amended return.  Per Section 6511 of the Internal Revenue Code you only have 3 years to seek a refund (4 years … Continue reading →

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YOU DO NOT HAVE TO GET ON THE LIST

Posted on February 15, 2012 by Kim

The Franchise Tax Board (FTB) publishes a list of the 500 largest state income tax delinquencies yearly.  They already have the power to suspend Contractor licenses, but will have additional authority in July 2012 to suspend other professional licenses.  In … Continue reading →

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Tax Tips for Canadian Investors

Posted on February 15, 2012 by Kim

We frequently get questions at our firm about the tax consequences to Canadian residents who invest in California real estate. The number one question is “If I buy real estate in California, will I be required to file a California … Continue reading →

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THINK ABOUT STARTING A HOME BASED BUSINESS IN 2012

Posted on February 15, 2012 by Kim

Tired of searching for a job?  Need more income?  Hire yourself and consider a home based business.  With proper marketing and advertising a home based business is a great way to generate income.  The range of businesses that can be … Continue reading →

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