California Taxation
California Senate Bill 131 Closes Loophole for Incomplete Gift Non-Grantor Trusts (“INGs”)
On July 10, 2023, California's governor signed into law Senate Bill 131 which in essence closes a loophole under California's ...
How To Factor In Taxes When Considering Special Needs Trusts / (ABLE) Accounts
Cameron L. Hess was recently interviewed by Financial Advisor Magazine on the topic of the financial vehicles used ...
Proposition 19 Brings Substantial Changes to California’s Property Tax Assessment Rules
On November 3, 2020, California voters approved Proposition 19 which brings substantial changes to California’s property tax assessment ...
Centralized Partnership Audit Regime – What Me Worry?
By: Cameron L. Hess[1] Overview. It’s fitting tribute that Mad Magazine’s final publication ending the use of the sarcastic catch-phrase ...
Robin Klomparens receives the 2019 Joanne M. Garvey Award
Robin L. Klomparens received the Joanne M. Garvey Award to recognize her lifetime achievement and outstanding contribution in ...
Eversheds Sheds Light on Swart Decision
In what is likely to be ultimately released as a precedential decision, the Office of Tax Appeals in ...
California Assembly Bill 5 Significantly Impacts Entities Using Independent Contractors
Governor Gavin Newson is fully expected to sign Assembly Bill 5 (AB 5) into law this month and ...
New Legislation: Qualified Domestic Corporations & LLCs May Apply For Voluntary Administrative Dissolution Or Cancellation
Effective January 1, 2019, the Franchise Tax Board (“FTB”) has the authority to administratively dissolve suspended entities. The ...
Breaking Up is Hard to Do | Comstock’s Magazine Article
Before big-time Sacramento developer Mort Friedman passed away in 2012, he handed the keys of the family business ...
Rethinking independent contractor status – The decision could have broad consequences
The recent California Supreme Court decision in Dynamex raises the question whether California businesses may soon be required ...
Community property and spousal transfers
The 2014 decision by the California Supreme Court in In re Marriage of Valli, 58 Cal.4th 1396 (Valli) ...
Employee or Independent Contractor: A California View
California's Employment Development Department ("EDD") has long been known for aggressively targeting industries for review of independent contractors ...
IRS vs. California EDD on Reclassification of Independent Contractor
California businesses whose outside contractors are examined for misclassification wish they had a Jedi mind power over auditors ...
BOE Walks Into the Valli Decision
Advisors as the effect of property tax on transfers of interests into legal entities may want to consider ...
State Marijuana Legislation Chart
Click here to download a copy of the State Marijuana Legislation Chart in Microsoft Excel format.
California Tax Research
To view this presentation on California taxation offline, click here to download a PowerPoint copy. California Tax Research ...
Attorney/CPA Privilege Issues
To view this presentation on attorney and CPA privilege issues offline, click here to download a PowerPoint copy. ...
Transfer on Death Deeds – Should You Use It?
Effective January 1, 2016, recent California legislation created, at least temporarily, the right to record “revocable transfer on ...
CCP 580e Gives Rise to Non-recourse Treatment of Discharged Debt
In response to a letter Senator Boxer sent to the Internal Revenue Service (the “Service”) last year, requesting ...
Legal Alert – Critical Changes in California LLC Agreement Laws
California has dramatically changed the LLC law. Effectively, many of the "form" provisions which were customarily used in ...
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