by Kevin Thompson | Jan 2, 2013 | Tax Laws
On January 1st, Congress acted at the last minute and permanently preserved most of the George W Bush-era tax cuts (EGTRRA and JGTRRA) as well as extended other lapsed tax provisions. The EGTRRA is the Economic Growth and Tax Relief Reconciliation Act of 2001...
by Kevin Thompson | Dec 10, 2012 | Tax Laws
Below is a link with important information regarding estate planning for young families. Historically, young people postpone this process as they do not plan to die. Unfortunately, some of them do. Their untimely deaths, if not planned for properly, can cause...
by Kevin Thompson | Dec 3, 2012 | Tax Laws
Despite negative headlines regarding balancing the California budget in 2012, its second quarter appears to be on track and steadily moving forward. The Budget Act of 2012-2013 was signed by Governor Jerry Brown at the start of the fiscal year. It is in its...
by Kevin Thompson | Nov 12, 2012 | Tax Laws
Now that the Presidential election is over it’s important to focus on how the next four years will affect US investors and how taxes and spending cuts will help to reduce the deficit. In order to avoid falling off the “Fiscal Cliff,”...
by Kevin Thompson | Nov 7, 2012 | Tax Laws
By Lisa M. Krieger lkrieger@mercurynews.com mercurynews.com In passing Gov. Jerry Brown’s tax increase, California voters signaled a symbolic end to the tax revolt of 1978, when they adopted Proposition 13’s limits on property taxes, supporters said...
by Kevin Thompson | Sep 5, 2012 | Tax Laws
What America does not know, is that the Internal Revenue Service (I.R.S.) now has all of the tools necessary to find an American’s assets and sources of income. A key component of the federal government’s tax compliance among U.S. taxpayers is the Foreign...
