End-of-year Tax Strategies

(4.5-minute read)

As 2022 draws closer and closer there is still time to make adjustments to this year’s taxes. Here are five strategies to consider as we come to the end of 2021:

Vendor Spotlight October 2021 – Mariela and Isaac Salgado, Rug’it Cleaning

Mariela and Isaac Salgado are the proud owners of Rug'it Cleaning. They have years of experience providing quality residential and commercial carpet cleaning, area rug cleaning, upholstery cleaning, tile & grout cleaning and natural stone cleaning and polishing.

Exemptions from minimum franchise/annual tax

(3.5-minute read)

FTB notices may lead taxpayers to pay the tax even though they are exempt.

Recently we’ve seen clients receiving notices and information from the FTB stating that they owe the $800 minimum franchise/annual tax even though they qualify for an exemption. This seems to be occurring in two different scenarios:

Ying Wang, Financial Advisor

Ying has been in the Financial Service industry since 2003 and quickly developed a passion for investments as he started trading stocks. After being in retail banking for 6 years, he decided to pursue an Advisor role in 2009 right in the middle of the recession.