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There is some positive news on the horizon for residents of California who owe state or federal taxes. According to a California Franchise Tax Board attorney, such individuals have until October to file their taxes and pay monies owed, if any. Filing Delay Is Response...
Tax attorneys in San Jose have learned that the Internal Revenue Service has directed millions of taxpayers in California, and 19 other states, who got tax rebates last year to delay their tax filings. The reason given by the IRS was that it needed extra time to...
Affluent homeowners in Los Angeles are already searching for ways to avoid a new property sales tax. Several weeks ago, LA voters backed a new measure that affixes a one-time transfer tax to property sales totaling more than $5 million. Almost any legal professional,...
Tax lawyers in San Jose are reiterating that this year, any transaction exceeding $600 that taxpayers receive through Cash App, PayPal, Venmo, or other similar entities, must be reported to the Internal Revenue Service. A reminder was issued earlier this week by the...
Accused of both tax fraud and procuring fraudulent loans, Todd and Julie Chrisley now face 19 years of combined jail time. The reality star couple were accused of making fake loan applications, during which banks were defrauded of approximately $30 million. An...
Far-reaching fallout has come as a result of the massive implosion of FTX, a crypto giant. The now-bankrupt platform was endorsed by numerous celebrities who have now found themselves in the middle of controversy. Internal Revenue Service tax attorneys acknowledged...
Last week, lottery officials announced that a single winning Powerball ticket for over $2 billion was sold in Altadena, California. It was the largest ever Powerball lottery jackpot in the United States. Most people probably dream of winning that kind of money, but...
Attorneys who specialize in tax fraud have been following a story about Colombian music star Shakira. The singer allegedly committed fraud and owes Spain approximately €14.5m (£12.9m). She will go to trial in a Spanish court, where prosecutors will attempt to secure a...
A tax preparer in Vallejo has struck a plea deal in federal court this week, pleading guilty to a variety of charges, including falsifying information on tax returns prepared for customers. A tax attorney in San Jose has learned that Emilio Lara faces a $100,000 fine...
In a speech made in Detroit on Wednesday, President Biden announced the approval of $900 million for charging stations for electric vehicles nationwide. According to Internal Revenue Service tax attorneys, the money will help build stations of this kind in 35 states...
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