Experience. Dedication. Results.

Photo of Professionals at Law Office of Williams & Associates, P.C.

Month: July 2020

Trusts with California Income are Taxable in California

A California Appellate Court recently held that all of a trust’s California source income is taxable in California, regardless of the state of residence of the trust’s fiduciaries.  The Court clarified that it is non-California source income that is dependent on the...

Don’t Get Scammed!

In the IRS’ annual “Dirty Dozen” list of tax scams for the year, taxpayers are urged to watch for some of the old tricks, like fake e-mail messages or threatening phone calls by those purporting to be the IRS, to newer scams of fraudsters posing as fake charities...

The IRS Wealth Squad Wants You!

IRS insiders have indicated that the IRS’ Global High Wealth Industry Group will be targeting hundreds of wealthy taxpayers for audit beginning now and throughout the fall.   These audits will likely include the taxpayer’s individual tax return, along with all...

Reminder for Mid-Year Tax Withholding Check-Up

Although the federal and state tax agencies may have been generous with late filing and payment due to COVID-19, it is important that taxpayers pay attention to proper withholding throughout the year to avoid a large tax bill at the end of the year, and possible...

$1.5 Billion in Tax Refunds Set to Expire!

If you have not filed a 2016 income tax return and may be due a refund from the IRS, time is nearly out to claim your refund.  The IRS estimates 1.4 million people may fall into the category of those who are due a refund.  File now! 


FindLaw Network