California Tax Planning
State-specific planning for residents, businesses and part-year filers — including residency, multi-state exposure and California's treatment of pass-through income.
Insights
Perspective on the Decisions That Carry Tax Consequences.
This section is structured and ready for publication. The topics below define the editorial scope; articles are added as the firm approves them.
Editorial scope
Eight Standing Topics.
Business-Owner Tax Decisions
Entity structure, reasonable compensation, distributions and the operating choices that quietly determine a tax result.
Real Estate and Tax
Timing of sales and exchanges, basis and depreciation, holding structures and the tax consequences of refinancing or renovation.
Trust-Related Tax Coordination
Fiduciary filings, distributions, beneficiary reporting and how a trust return interacts with personal and business returns.
Accounting Controls
Close discipline, reconciliation standards, segregation of duties and the reporting owners actually use.
Buying or Selling a Business
Quality of earnings, working capital, deal structure and what a seller keeps once the transaction is taxed.
Major Financial and Life Transitions
Marriage, divorce, birth, death, inheritance and relocation — and the filings each one changes.
QuickBooks and Financial Operations
File setup, cleanup, staff training and turning a bookkeeping system into a reporting system.
From the archive
Previously Published
Titles carried over from the firm's earlier site. Each will be reviewed and republished with current guidance rather than reposted as-is.
- What is Personal Financial Planning?Allman & Allman · May 27, 2021
- What is a Mutual Fund?Allman & Allman · May 27, 2021
- Three Ways to Diversify Your PortfolioAllman & Allman · May 27, 2021
- What to Look for in Full Charge BookkeepersAllman & Allman · May 1, 2021