Cryptocurrency and Tax Law

It is important to keep all of your records if you invest in cryptocurrencies.  If you are audited by the IRS, they will check your documentation to make sure you correctly recorded the tax basis (tax basis is typically what you paid for the asset) and sales proceeds of each and every one of your … Read more

It’s Gifting Season!!

If you are someone who is worried about the government inheriting your money when you die via estate taxes, do not forget to gift before the end of the year.  In 2023, the annual gift exclusion is $17,000.00, and it is not limited to one individual.  For example, you can gift $17,000 to your child … Read more

Let Us Help You Start the New Year Right!

It can be a very daunting task to complete one’s estate plan.  Life gets very busy, and the Holidays are hectic.  However, it is very important to have one’s affairs in order, and being around family during the Holidays can remind us of that.  Practically anyone who owns a home in California will be subject … Read more