Some recent legal rulings from tax court which involving insider trading profits, deductions from business mileage, excessive borrowing on life insurance policy, and taxpayer fraud.
On August 7, 2024, the Tax Court held that the S status of a corporation is not automatically terminated because of disproportionate distributions made to its shareholders. In Maggard v. […]
This month, we continue our “compare and contrast” blog series with a couple of Great Lakes states – Michigan and Wisconsin – specifically their treatment of technology items for sales tax purposes. […]
According to an article in KTLA News 5… On Tuesday, California lawmakers in the State Senate approved a bill allowing undocumented immigrants to qualify for first-time homebuying loans. The […]
Forming a Limited Liability Company (LLC) in the U.S. is a popular choice for non-U.S. residents seeking a flexible and protective business structure. This guide provides a concise, step-by-step […]
Why New California New California is a new state in development exercising it’s Constitutional Right to form from the State of California. The process to form New California is authorized and […]
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