Cheryl moved to California from the east coast in 2000 and became a California Realtor soon after. Before becoming a full time Realtor, she traveled world-wide working in sales, international negotiations and marketing.
Tax Knowledge
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: