Proposition 13: Change in Ownership

Submitted by Brooke Pollard on October 12, 2009

Many “do-it-yourself” (DIY) websites have advertised how low their fees are to start an LLC.  BEWARE: the use of an experienced attorney in this area may save you thousands of dollars in the long run.

Proposition 13 passed in 1978  and basically states so long as there is not a “change in ownership,” the property tax base on residential and commercial property will not increase beyond 2% per year (known as the Factored Base Year Value).

Tax Treatment of Employment Judgments

Submitted by Mark Doyle on July 20, 2009

I frequently receive questions regarding the tax treatment of employment damage awards. At Tredway, Lumsdaine & Doyle, LLP we are ready to handle both the questions posed by employers as to how best to resolve disputes with current and past employees as well as advise these employers on the tax consequences of the actions they take. We stay current on both employment law issues and business tax issues to thoroughly advise our clients.

Tax Highlights of the American Recovery Act of 2009 for Individuals

Submitted by Mark Doyle on April 29, 2009

The American Recovery and Reinvestment Act of 2009 (commonly referred to as the Recovery Act), which was signed into law on Feb. 17, 2009, makes a number of beneficial changes. Here’s a review of the more widely applicable provisions that could have an impact on you and your family. Should you have any questions contact our tax partner Mark Doyle.

Tax Highlights of the American Recovery Act of 2009 for Business

Submitted by Mark Doyle on April 19, 2009

The Mighty Dollar

The American Recovery and Reinvestment Act of 2009 (commonly referred to as the Recovery Act), which was signed into law on Feb. 17, 2009, makes a number of beneficial changes for business. Next week we will send a special edition newsletter covering the Recovery Act and its tax impact on individuals. Should you have any questions or comments don’t hesitate to contact our tax partner Mark Doyle. Here’s a review of the more widely applicable provisions that could have an impact on you and your enterprise.