Tag Archives: State Board Of Equalization

REAL ESTATE: Stable housing signs spur spending – Press

Posted on | September 28, 2012 | Comments Southern California consumers who put a freeze on spending after the housing bubble burst are opening up their wallets again. California residents are spending more — given the state Board of Equalization’s … Continue reading

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Aero & Marine Tax Professionals Helps Real Estate Firm Get Sales Tax Exemption

Elk Grove, CA, April 29, 2012 –(PR.com)– Aero Marine Tax Professionals (http://www.aeromarinetaxpros.com/) has obtained a sales tax exemption for an international real estate firm operating in California, on the purchase of a Cessna C-172S airplane. An executive from the company … Continue reading

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Aero & Marine Tax Professionals Helps Real Estate Company Get Tax Exemption

Elk Grove, CA, March 18, 2012 –(PR.com)– Aero Marine Tax Professionals (http://www.aeromarinetaxpros.com/), a firm in northern California specializing in helping people avoid sales tax on the purchase of aircraft, has assisted a real estate company in southern California to legally … Continue reading

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Calif. property tax values see 1st gain in 3 years

Taxable property values in California saw their first gain in three years, but the increase was a mere 0.3 percent, the state Board of Equalization has reported. The increase is even smaller when looking at property consisting mainly of real … Continue reading

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IRS Mines Real Estate Deeds To Collect Gift Tax

The seamless flow of information between local, state and federal governments is unsettling, especially since it often means tax bills from one or the other.  Now, there’s a new fear: Local property transfers show up in county recorder or property … Continue reading

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IRS Scrutinizes Gifts Of Real Estate

By Arden Dale When someone gives a relative something big, the gift is often real estate. Perhaps nearly as often, no one reports that gift to the Internal Revenue Service. The agency has a low-profile but sweeping effort under way … Continue reading

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Judge Denies IRS California Summons In Gift Tax Probe

A federal judge told the Internal Revenue Service it cannot serve a John Doe summons on California authorities as part of its effort to find people who evade federal tax on gifts of real estate to family members. The IRS … Continue reading

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How to avoid the IRS gift-tax trap

Recommend (2) By Eva Rosenberg, MarketWatch LOS ANGELES (MarketWatch) — The IRS expects a potential windfall in gift tax compliance audits in California and has asked the U.S. District Court for what amounts to a virtual blank check to see the … Continue reading

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