California: Understanding the Tax Burden

    Originally published in Journal of Multistate Taxation and Incentives (Thomson Reuters/Tax & Accounting)Volume 29, Number 9, January 2020Taxpayers moving into California or doing business in California should be aware of all the state and local tax implications. California is known for being a [...]

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      Major Provision in New Tax Laws

      In the past 12 months (starting late December 2017), we have seen perhaps the most significant changes to tax laws since the last major tax reform in 1986. These changes came from all three branches of the government. Congress passed the “Tax Cuts and Jobs Act of 2017” (“TCJA”) and the President [...]

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        State Implication of the Tax Cuts and Jobs Act

        The Tax Cuts and Job Act (“TCJA”) was signed into law on Dec. 22, 2017. The TCJA enacted modifications to the Internal Revenue Code (“IRC”) that will affect all areas of federal taxes including individual, corporate, partnership and others. State taxes were impacted due to its close relationship [...]

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          Top 5 California Tax Planning Opportunities

          Weather aside, a rapidly growing economy and profitable marketplace has named California one of the most desirable states for new and expanding businesses and individual taxpayers. One major obstacle that taxpayers face when seeking to enter into, or expand in California, is state taxes. California [...]

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            Nexus: The New Era of State Taxation

            The physical presence nexus standard is becoming a thing of the past as state governments try to shift the tax burden from in-state to out-of-state taxpayers. If a state has jurisdiction to tax either the business entity or the subject matter, then a taxpayer has nexus in a state with or without [...]

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