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Tag: California tax
California 409A Valuation Discounts: State Tax Footnotes Investors Read
Introduction Your startup’s 409A valuation isn’t just about issuing stock options it’s a due diligence magnet for investors and auditors alike. But here’s the twist for 2025: California investors are combing through state tax footnotes, especially for valuation discounts. In this guide, we cover how 409A valuation discounts affect California state tax reporting and how […]
California’s Estate & Inheritance Taxes: Who Pays & How Much? (2025 Edition)
Introduction If you live in California or inherit assets from someone who did, you may wonder whether estate or inheritance taxes apply. While California has no estate or inheritance tax, large estates may still be subject to federal estate tax and other income tax consequences. Here’s what you need to know in 2025. Does California […]
The Truth About California’s Exit Tax – How to Avoid It Legally (2025 Edition)
Introduction Thinking about moving out of California to save on taxes? You’re not alone. But before you pack your bags, there’s a lingering myth you’ve likely heard: the “California Exit Tax.” While the concept is often misunderstood, it’s very real for certain taxpayers—especially high earners and business owners. What Is the California Exit Tax? Applicable […]
How to File & Pay California Sales Tax for Your Business (2025 Edition)
Introduction If your business sells tangible goods in California, you’re likely required to collect, report, and remit California sales tax. Whether you’re a retail store, online seller, or food vendor, this guide will help you file and pay sales tax accurately in 2025. What Is Sales Tax in California? Applicable Code: IRC §164; California Revenue […]