California Audit Triggers and FTB Compliance: The Mistakes That Cost Business Owners Tens of Thousands
California Audit Triggers and FTB Compliance: The Mistakes That Cost Business Owners Tens of Thousands Every year, thousands of California business owners get a letter from the IRS or the Franchise Tax Board (FTB)—and most never see it coming. The audit rate in California has quietly climbed for LLCs, S Corps, and 1099 contractors, reaching […]
How California Audit Triggers Are Changing in 2025 — And What Smart Business Owners Do Now
How California Audit Triggers Are Changing in 2025 — And What Smart Business Owners Do Now Most California business owners think they’re safe if they “just play by the rules.” In reality, over 16,000 small and mid-sized C corps, S Corps, and LLCs were flagged for audit or penalty last year—many for issues their CPAs […]
Is Social Security Taxable in California? Complete 2025 Guide
Is Social Security Taxable in California? Complete 2025 Guide Is Social Security taxable in California? If you’re planning your retirement or helping a loved one through financial transition, you’ve probably run into a web of conflicting advice—and real-world consequences. Here’s the stark reality: Every year, tens of thousands of California retirees mistakenly overpay federal or […]
Pasadena Tax Preparation in 2025: Strategy, Mistakes, Savings
Pasadena Tax Preparation in 2025: Strategy, Mistakes, Savings Pasadena tax preparation is not just filling forms; it’s about choosing the right records, entity moves, and timing that keep thousands in your pocket. For W-2 employees, 1099 contractors, LLC owners and real estate investors in Pasadena, this playbook lays out specific moves you can implement this […]
California Estate Tax Realities: How High-Net-Worth Families Can Preserve Wealth in 2025 and Beyond
California Estate Tax Realities: How High-Net-Worth Families Can Preserve Wealth in 2025 and Beyond Most affluent Californians believe estate taxes are a relic of the past—but a single planning mistake could trigger millions in unnecessary federal tax, even though California has no estate tax of its own. With federal exemption limits set to plummet after […]
The Unspoken Truth About the Estate Tax Rate in California: How High-Net-Worth Families Preserve Wealth in 2025
The Unspoken Truth About the Estate Tax Rate in California: How High-Net-Worth Families Preserve Wealth in 2025 If you think California’s tax reach ends with your annual income, think again. Generational wealth—millions in real estate, investments, and business equity—can be decimated without airtight strategies for the estate tax rate. Most “private bank” clients assume their […]