Many people in California confuse tax avoidance and tax evasion, but tax avoidance is legal while tax evasion is illegal. Knowing the difference between tax avoidance and tax evasion might help you to lower your tax bill while avoiding criminal liability. Tax...
Month: June 2021
How is rental income taxed?
Rental income serves as a way entrepreneurs familiar with property investments may find potentially lucrative. As long as the rental income exceeds expenses, then the venture could be worthwhile. New California landlords might overlook an unavoidable cost: taxes....
