Are there any Tax Consequences of Crowdfunding I should know about? Crowdfunding websites such as Kickstarter and GoFundMe have become an increasingly popular way for small business owners to stay afloat. The upside is that it’s often possible to raise the cash you need; the downside is that the IRS considers that money taxable income. […]
As part of final guidance issued that pertains to the Tax Cuts and Jobs Act of 2017, new rules and limitations are in effect for taxpayers who deduct depreciation for qualified property acquired after September 27, 2017. As a business owner, they could affect your tax situation. Let’s take a closer look at some tax […]
If you are one of the many last minute filers for your taxes, this article is for you! When it comes to working on your taxes, earlier is better, but many people find preparing their tax return stressful and frustrating and wait until the last minute. If you’ve been procrastinating on filing your tax return […]
What is a Credit Freeze? Have you heard the term ‘credit freeze’ and want to learn more about what it is? First off, if you are wondering what it costs to freeze your credit, we have good news! It’s Free! Federal law allows you to activate and remove a freeze on your credit report from […]
Trust and Estate Administration in California can be very time consuming, a great deal of work, it will require patience, persistence, communication with beneficiaries, organization and in the end it can be very rewarding. When the person who made a trust dies, the trust needs to be administered by the trustee named in the document […]
Rex Crandell Firm gets this question all the time! What is Estate Planning and do I need an Estate Plan in California? Estate Planning is not a one-size-fits all service. If you have a lot of assets, then you may need to use procedures to avoid or defer estate taxes. If you own real estate, […]
How to Avoid Probate in California How to Avoid Probate in California is a question we get all the time, so we decided to write an article about it! Probate is a court-supervised procedure for collecting a deceased person’s assets, paying debts and taxes, and distributing the property to the person’s beneficiaries (either according to […]
When you are preparing to start the Estate Planning Process the first question you have may be what Estate Planning Forms do I need? Estate Planning can include a variety of strategies and documents and there is not a one size fits all. If you have a lot of assets, then you may need to […]
Estate Planning can be a daunting task, but our goal is to make it as simple as possible – Download Estate Planning Organizer! When it comes to Estate Planning there is no one size fits all, but the first step is always the same. Start by creating a list of all assets and use our free […]
Estate planning on your own can be complicated and costly. Estate Planning 101 | Rex Crandell Firm has the experience and team to guide you through the process from start to finish! There is no reason to go down this road alone! The thought of Estate Planning can be scary, but we are here to […]