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More People. More Laws. It’s finally happened. Here in California we now have officially MORE people than the entire population of the nation of Canada! Because we have more people, we also have a slew of new laws that are going into effect, some of which may have more of an impact on you and your family than others. Here are 25 of those new laws for us: Fee Increase for Deeds: Beginning January 1st of this year, there was an increase in the amount of the deeds being filed by at least $75.00 per deed for the State of California. According to SB 2, this increase is to fund California’s affordable housing crisis. Vehicle registration fee increase: As part of SB 1, drivers will pay between $25 and $175 more for vehicle…

Begin Now to Plan for Business Year-End Tax Strategies. The end of the year may seem like a lifetime away... And working on your taxes an eternity. But this is your wake-up call...it's already September. Now is the time to take stock of what you've done this year to make sure that your small business takes advantage of every possible tax break available. Here are just a few ideas to think about that could have a big payoff to help you minimize your tax liability this year: 1. Take a look at your accounting. Part of your year-end tax strategy this year, and every year, should be to take a good long look at your accounting. Get a firm grasp on the financial well-being of your business. Ensure that your books…

 In December of 2017, Congress passed the TAX CUTS AND JOBS ACT, which was subsequently signed into law by President Donald Trump. What most people want to know though is how does this affect me and my life? Here’s a simple breakdown of what this new law looks like overall. The TAX CUTS AND JOBS ACT will maintain the same seven-bracket structure that was in force previously. However, Congress has tweaked the rates and the income levels at which they apply. Prior to the new law, the seven tax brackets were 10 percent, 15 percent, 25 percent, 28 percent, 33 percent, 35 percent and 39.6 percent. Now, the tax code pegs the new rates at 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent.…