Cameron Hess
The following is a cheat sheet on the Fiscal Cliff Avoidance – aka American Taxpayer Relief Act of 2012. While HR 8 began as a Republican election bill for Romney, including some language that would never have passed, it was gutted and revised to reflect the compromise. Over the next few weeks, the political discussion […]
READ MOREBy time this article is issued, we may be close to seeing the California Revised Uniform LLC Act (Vargas – SB 323) adopted. The good news is that this Act may not have any major impact. However, we came very close last month to a terrible situation with respect to compliance with LLC reporting, as […]
READ MORETo view this presentation on issues related to holding title on properties and succession concerns, click here to download a PowerPoint copy. Owning your Home: Options for Title and Succession Issues from WKBK&Y LLP
READ MORELast month, we explored the basics of how counties determine the base-year value and the assessed value under Proposition 13 and under Proposition 8, where market value has declined below the base-year value. In Part II of the discussion, we will explore the two most common types of appeal and the valuation process. An appeal […]
READ MOREProperty Tax Reductions For a number of rental property owners, there may be an opportunity to request a property tax reduction if the property value has been over assessed. For the 2012-2013 year, the “open season” to file an appeal asking for an assessment reduction will begin July 2, 2012 and will continue to September […]
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