2025 Estate Tax Planning Strategies for California’s Wealthiest
2025 Estate Tax Planning Strategies for California’s Wealthiest The 2025 tax year presents a pivotal opportunity for high-net-worth individuals in California to take decisive action on Estate Planning. With the federal estate tax exemption set at $13.99 million per individual ($27.98 million for married couples), residents are uniquely positioned to transfer wealth efficiently—especially in a […]
Why California High-Net-Worth Individuals Must Master 2025 FTB Audit Triggers and Compliance
Why California High-Net-Worth Individuals Must Master 2025 FTB Audit Triggers and Compliance California high-net-worth individuals face intensified scrutiny from the Franchise Tax Board (FTB) in 2025, with 2025 FTB audit triggers now more aggressive and data-driven than ever. Leveraging systems like the Enterprise Data to Revenue Project (EDR2), the FTB cross-references financial details across federal […]
Your Property Tax Bill Is Probably Wrong—Here’s How to Challenge and Cut It
Your Property Tax Bill Is Probably Wrong—Here’s How to Challenge and Cut It Here’s a shocker: In 2023, over 60% of Property Tax Assessment appeals in major U.S. markets succeeded—mostly for owners who checked one thing: their assessed value was way off from reality. That means homeowners, landlords, and investors are putting up with […]
The 2025 Reality Check: FTB Audit vs IRS Audit — Why California Business Owners Face Double Trouble
The 2025 Reality Check: FTB Audit vs IRS Audit — Why California Business Owners Face Double Trouble This information is current as of 7/29/2025. Tax laws change frequently. Verify updates with the IRS or FTB if reading this later. It’s the nightmare no California business owner wants to live: the day a letter arrives from […]
The 2025 California Audit Trigger Playbook: What Really Puts You on the FTB Radar
The 2025 California Audit Trigger Playbook: What Really Puts You on the FTB Radar Few California taxpayers realize their returns are now run through AI-powered risk models that identify FTB audit triggers faster and more aggressively than ever. Most are caught off-guard by simple mistakes: a mismatched 1099, an aggressive deduction, or a silent compliance […]
The Hidden Audit Triggers in 2025: How to Outsmart IRS and FTB Compliance Landmines
The Hidden Audit Triggers in 2025: How to Outsmart IRS and FTB Compliance Landmines Audit rates are down, but IRS audit triggers are more precise—and more aggressive—than ever. California’s Franchise Tax Board (FTB) is ramping up audit capacity for the 2025 tax year, while the IRS is zeroing in on self-employed taxpayers, large deductions, and […]