03/07/2021
Politicians Being Politicians
In the last 15 months, we have had four major national tax law packages enacted with a fifth one right around the corner. Some of the laws were common sense and wise. And in most cases, the intentions were good. The implementation? Yeah, not so much. I'll start with the original PPP loan package. Th...
11/09/2020
Are Deductible Employee Business Expenses Gone?
How to best benefit from employee business expenses
12/23/2019
Late 2019 Tax Law Changes
On December 20, 2019, President Trump signed the SECURE Act into law. This legislation changes the landscape for retirement savings and restores some older dedu
10/27/2019
California Law Changes
California is a great place to live. However with the great weather sometimes comes a price, in this case with ever changing laws that impact taxpayers a
05/27/2019
California Sales Tax Collection Law Changes | Tax Review IRS FTB Collections | San Diego | WOODS FINANCIAL SERVICES
As you may have heard, last summer the United States Supreme Court ruled on the case of South Dakota vs Wayfair, Inc. and ruled in favor of South Dakota.  
12/21/2018
Last Call For 2018 Tax Planning | Tax Review Irs Ftb Collections | San Diego | WOODS FINANCIAL SERVICES
For those who have not already done so, if you feel you would benefit from year end planning, or would like to get a feel for what your situation will look like...
10/20/2018
Congress Wants You to Feel GILTI | Tax Review Irs Ftb Collections | San Diego | WOODS FINANCIAL SERVICES
Despite the acronym, GILTI won't impact most US taxpayers. Global Intangible Low-Taxed Income is a new tax law provision enacted for years beginning in 2018. ...
09/03/2018
Is it a tax or a donation? | Tax Review Irs Ftb Collections | San Diego | WOODS FINANCIAL SERVICES
As part of the TCJA passed by the Trump administration last year, one of the changes made was a limit to the personal deductibility of state taxes, real estate ...
02/20/2018
Just When You Thought It Was Safe to File for 2017 | Tax Review Irs Ftb Collections | San Diego | WOODS FINANCIAL SERVICES
Everyone thought that Congress was done in December after it passed its most sweeping tax law change package in 30 years. I mean after all, only an idiot when ...