California Tax Blog

Helping Taxpayers Throughout California

Rex Halverson

Peace of Mind

When my wife and I got out first CA Franchise audit letter, we did what everyone else probably does, freak out. We did not know what to expect, and have heard horror stories of how no matter what, you are going to owe. I contacted Rex Halverson, and after the first appointment, I hired him

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Good Person!!!!!

I had some legal questions so I googled attorneys here in Sacramento and I found Rex. I needed someone to read a legal contract but didn’t have the money to pay. As soon as I called Rex he went right into work mode and started to assist me. I emailed him this contract and he

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Very Helpful

I contacted Rex in regard to a change of domicile question. I was shocked that Rex was the person who answered my call. We had a short conversation and he was able to answer all of my questions. He sent over a document with more detailed information shortly after our call. I am very impressed

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2016 Standard Mileage Rate Announced by IRS

2016 Standard Mileage Rate Announced by IRS Earlier this week the IRS announced the 2016 standard mileage rates used to calculate the cost of operating a motor vehicle for business, charitable, medical, or moving purposes. Starting January 1, 2016, the standard mileage rates are as follows: 54 cents per mile for business miles driven; 19

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SB 8 (Hertzberg) – Expands California Sales Tax to Services

CALIFORNIA LEGISLATURE— 2015–2016 REGULAR SESSION SENATE BILL No. 8 Introduced by Senator Hertzberg December 01, 2014 An act relating to taxation. LEGISLATIVE COUNSEL’S DIGEST SB 8, as introduced, Hertzberg. Taxation. The Sales and Use Tax Law imposes a tax on retailers measured by the gross receipts from the sale of tangible personal property sold at

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7 Tips on How to Maintain Contact with Clients

Communication Maintain frequency and volume of contact with client – Contact clients once a month or more.  I try to make at least five to ten telephone calls per day. Diversify your mode of contact – Utilize e-mail, snail mail, phone calls, seminars, speaking engagements, blogs, news articles, invitations to events. Tailor the communication to

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Basic Tax Consequences of Selling Your Home

What is the exclusion? If you sell your home, you may exclude a specific amount of your capital gain from tax. What is the amount of exclusion? Married couples filing jointly may exclude up to $500,000. Unmarried people who jointly own a home and who each meet the Ownership and Use Test may each exclude

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2015 Standard Mileage Rate Announced by IRS

Earlier this week the IRS announced the 2015 standard mileage rates used to calculate the cost of operating a motor vehicle for business, charitable, medical, or moving purposes. Starting January 1, 2015, the standard mileage rates are as follows: 57.5 cents per mile for business miles driven; 23 cents per mile driven for medical or

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6 Tips for Surviving a Sales Tax Audit

Have a Game Plan Before the Auditor Calls – Understand that the auditor has time constraints and will appreciate your efforts in promoting a quick and easy audit. You should anticipate and prepare for potential issues and questions that an auditor may have. That is to say, you must strategize. Pre-audit your business and identify

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2014 Tax Extenders Act (H.R. 5771)

The House voted December 3rd to extend tax breaks through the end of 2014. The bill contained about 50 provisions benefiting individuals, businesses and non-profits. The bill now goes to the Senate for approval. Some of the larger tax breaks are noted below: Individual Tax Breaks Extended – Amends the Internal Revenue Code to extend

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