FTB Letters Regarding Schedule C
The California Franchise Tax Board (“FTB”) administers personal and business income taxes. The FTB is known for their aggressive collection, compliance, and enforcement efforts. On
IRS Expands Benefits for Charitable Contributions
Donations can help you lower your tax due and at the same time help give back to the community. To be deducible on your tax
Two Challenges for Market Expansion in Thailand
Thailand is quickly becoming an attractive location for United States businesses that want to expand into other markets. However, there are two major challenges these
HMLLP Holiday Party 2021
HMLLP Holiday Party! Celebrating our amazing team with a private chef, fun games, a few drinks, and a lot of laughs!
Two Hone Maxwell Attorneys on San Diego La Raza Lawyers Association Board
Hone Maxwell LLP attorney Marisol Swadener has begun her third year as treasurer and Executive Board member of the San Diego La Raza Lawyers Association.
Partner Josh Maxwell a San Diego Leaders in Law Finalist
Hone Maxwell LLP Partner Josh Maxwell was named a finalist in the San Diego Business Journal’s annual Leaders in Law list for 2021. The publication
IRS Audits and “Red Flags”
As tax attorneys, one of the most common questions we are asked is if someone will get audited. While this is an impossible question to
California Residency; Are you here or not?
Similar to the IRS, California residents are taxed on their worldwide income, regardless of the source. However, California non-residents are only taxed on their California
IRS Audits – Don’t Ignore; Hire an Attorney
IRS audits can be stressful and overwhelming. Tax returns are selected for audit either randomly or for a reason. The reason could be a related
Hone Maxwell LLP is the Platinum Sponsor of ANADE BC’s Regional Conference
We are honored and excited to be the platinum sponsor of ANADE BC’s Regional Conference. This will be a great event with interesting topics and
California’s new rule to avoid the $10,000 cap on state tax deductions
The 2017 Tax Cuts and Jobs Act capped the individual itemized deduction of state and local taxes to $10,000, which significantly decreased one of the
GILTI: Eliminating Tax Holidays and use of NOLs
GILTI (Global Intangible Low-Taxed Income) went into effect in 2018. The purpose of GILTI was to not allow tax deferral on offshore intangible earnings. However,