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,…
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,…