Tax Penalties in California Taxpayers who are required to pay California estimated taxes often don't pay or end up paying late. Taxpayers may be charged a penalty listed on FTB Form 5805. There are some points that we have to talk about in case you as [...]

First things first In January, employers and other agencies will begin submitting the tax forms needed to file. Before you meet with a tax preparer or begin filing online, it's important to make sure you have all the forms you may need. These documents can be used for both, your federal and California [...]

Topics to review - During retirement - Disability case - Economic assistance Social secutity benefits Let's talk about some benefits you can get about your SSN Contact us for a free quote Social Security is a federal government program that provides assistance to people who [...]

INCOME TAX Income taxes are calculated based on income. The tax authority takes a portion of your income, in the form of a tax. Income tax is a direct tax that a government levies on the income of its citizens. The Income Tax Act, 1961, mandates that the central government collect this tax. The [...]

Who can file a federal income tax return? Learn the most important points about it Not everyone who has incomes must file a tax return. The obligation to file the tax return depends on: Marital status, age, type of gross income per year. In general, who [...]