What Is Bookkeeping? A Simple Introduction for Beginners
Bookkeeping is the process of keeping track of every dollar that comes in and goes out of a business. It’s…
What To Bring To Your Tax Appointment: A Complete Checklist for Small Business Owners
Getting your taxes done doesn’t need to feel confusing. Most people stress out because they walk into their appointment unsure…
Tax Planning Tips for People With Side Gigs
Having a side gig is great, but the tax part can sneak up on people. When you work for yourself,…
California Teachers Union Pushes to Make Income Tax Surcharge Permanent
California has been spending more money than ever on TK-12 students. In the last twelve years, the amount spent per…
How Federal Tax Brackets Really Work in Simple Words
When people hear the phrase “tax bracket,” they often think it means that all their income is taxed at one…
California Grants Veterans New Tax Break on Military Pensions
California has approved a new rule that will help retired military veterans and their families save money. Starting in 2025,…
5 Things Every Taxpayer Should Know About Tax Fraud
Tax fraud happens when a person or a business knowingly gives false information to the IRS. The key part is…
Why Stanford Must Pay Over $200 Million a Year in New Taxes
For years, private universities like Stanford with large endowments paid a small tax of 1.4% on the money their investments…
IRS Plans Faster Business Audits Starting in 2025
Starting in 2025, the IRS will change how it handles audits for businesses. Right now, the audit process is slow,…
Big Cuts to IRS Make It Easier for the Rich to Dodge Taxes
Under former President Trump, the IRS lost about 25% of its total staff, roughly 26,000 workers. The number of full-time…
Federal Cuts Threaten California’s Solar and Wind Projects
California’s solar and wind energy projects are facing tough new challenges because of recent changes made by the federal government.…
California Approves $750M Tax Credit to Keep Film and TV Jobs Local
California lawmakers just passed a bill that increases the state’s film and TV production tax credit from $330 million to…