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,…
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.…
Why Getting a Big Tax Refund Isn’t Always a Good Thing
Many people get excited when they receive a tax refund, but what it really means is that they gave the…
Understanding California’s Tax System: A Simplified Guide
California’s tax system can seem complex, but it’s designed to support public services like schools, roads, and emergency services. This…
The Most Common Tax Filing Mistakes (And How to Avoid Them)
Filing taxes can be confusing, and even a small mistake can lead to delays, penalties, or extra stress. Here are…
What You Need to Know When You’re an Independent Contractor and Filing Taxes
Being an independent contractor comes with a unique set of responsibilities, especially when it comes to taxes. Unlike traditional employees,…
How U.S. States Support Veterans with Tax Breaks
Many U.S. states and territories offer special tax breaks to Veterans, their families, and survivors. Whether you’re a Veteran, a…
IRS Names Third Acting Commissioner in One Week Amid Internal Power Struggle
The Internal Revenue Service (IRS) has a new acting commissioner: Michael Faulkender. He’s the third person to take over the…
What You Need to Know Before Tax Day 2025
Tax season is here, and it’s important to know when everything is due. For both federal taxes (IRS) and California…