Posted August 9th, 2010 by admin
This week’s interview on Financial Insider Weekly to be broadcast in San Jose and Campbell this Wednesday, August 11, is with Professor Patricia Cain of the Santa Clara University School of Law. We discuss recent federal tax developments for California registered domestic partners. The interview will be broadcast at 4:30 p.m. Pacific Time on [...]
Tags: california, domestic, gay, lesbian, partners, registered, Tax matters
Posted May 28th, 2010 by admin
California has adopted tax credits for new home purchases and first-time homebuyers. The credits are available for qualified taxpayers who purchase a qualified residence on or after May 1, 2010 and before January 1, 2011. Since there are ceilings on the total credits available for all taxpayers, it will be wise to apply for them early.
Tags: california, credit, estate, home, real, Tax matters
Posted May 3rd, 2010 by admin
On this week’s Financial Insider Weekly interview to be broadcast in San Jose and Campbell May 5 we discuss California real estate change of ownership rules as they relate to estate planning and business tax planning.
Tags: california, estate, real, reassessment
Posted April 22nd, 2010 by admin
California has enacted relief legislation for cancellation of mortgage debt relating to the acquisition of a principal residence, effective for taxable years 2009 through 2012.
Tags: california, cancellation, debt, residence, Tax matters
Posted March 29th, 2010 by admin
Governor Schwartzenegger vetoed SBX8 32 last Thursday, March 25, 2010. The bill included many provisions conforming California tax laws to Federal tax laws, including a limited conformity to an exclusion from taxable income for cancellation of debt for a principal residence.
Tags: california, cancel, debt, residence