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SCL CALIFORNIA
Residency And Taxing In California
Residency And Taxing In California: THE UNCERTAIN CERTAINTY OF THE LAW by Samuel Landis, LL.M The State of California taxes individuals based upon their residency in the State and, otherwise, on their income derived from the State. A full-time resident of California will be taxed upon all of his income, regardless of source, during a tax year (Revenue & Taxation Code § 17041(a)); a part-year resident of the State will be taxed on all of his income earned during that period of the tax year when he was residing in the State and, otherwise, taxed on income derived from a…
Wage Garnishment
Wage Garnishments Featured Article
Introduction Every individual in the United States is expected to pay their taxes so that government can provide various public services and benefits. If one neglects to pay their taxes, serious consequences ensue. In spite of this generally well-known idea, several individuals still refuse to pay their taxes each year. After several warnings to these individuals, the government will take action to recover unpaid taxes. One thing that the government will do is issue a wage garnishment. A wage garnishment is a serious matter and must be taken care of quickly in order to avoid further penalties. Basically, a wage…
California Gold Part 1 If You Are Well To Do California Wants Your Money by Samuel LandisCalifo19683 2 1
California Gold – (Part 2) – Samuel Landis
If You Are Well-To-Do, California Wants Your Money The State of California seeks to classify individuals as residents of California in order to subject them to California’s income tax.  Two tests are applied to determine if an individual is a resident.  The first test (The Identifiable Purpose Test) was discussed in Part 1 of this article.  Now in Part 2 of this article we will highlight the most important factors of the second test which is known as the Close Connection Test.   Test 2:  The Close Connection Test The Close Connection Test is more often used to determine if…
Tax Levy 2
Tax Levy Featured Article
Managing through an IRS tax levy So what is an IRS tax levy? A tax levy is method the IRS uses to satisfy a debt of tax through the legal seizure of your property. A tax levy is different from a tax lien. A lien is different in that it is used as security rather than seizure. A tax levy is one of the government’s most effective weapons and can be one of the most financially devastating to you. A tax levy is a way in which the IRS will forcibly satisfy your tax levy through the seizure of your…
Tax Lien
Tax Lien Featured Article
An IRS tax lien; is it something to be feared or ignored? For millions of American taxpayers every year an “IRS tax lien” is a familiar tax collection method. That’s because the federal government often uses an IRS tax lien against a taxpayer’s property when the government is trying to collect past due taxes. An IRS tax lien can be problematic, particularly for those taxpayers who rely on good credit to conduct their business and/or financial affairs. An IRS tax lien is the federal government’s legal claim against your property when you have not paid your taxes. An IRS tax…
Offer in Compromise
Offer in Compromise Featured Article
Offer in Compromise Introduction Sometimes, for a variety of reasons, taxpayers find themselves in a situation in which they are unable to pay for their tax obligations. This results in back taxes, which must be taken care of immediately to prevent any penalties. An Offer in Compromise is one way to get out of the hole that taxpayers find themselves in when they cannot pay their back taxes. An Offer in Compromise considers the situation of the taxpayer and, under certain circumstances, allows for the “forgiveness of tax debt”. Not everyone qualifies for an Offer in Compromise. However, if an individual is…