tax

Tax Agents Bombard Appeals Board Hoping to Make a Buck

These very same homeowners are experiencing a huge boost in their home’s value. Yes, small businesses have struggled, many forced to shutter, but the housing market has been booming. The average single family residence has increased 22% over last year in the average home price, cresting at median of about $817,000.

AARP Foundation Tax-Aide Will Provide Free Tax

Now-Apr. 18 Beginning today through April 18, AARP Foundation is providing free tax assistance and preparation through its Tax-Aide program. AARP Foundation Tax-Aide, in its 49th year, is the nation’s largest free tax assistance and preparation service, offering free tax preparation help to anyone, especially those who are 50 and older, who cannot afford a tax preparation service. For more information on documents to bring to the tax site or to locate an AARP Foundation Tax-Aide site, visit www.aarp.org/findtaxhelp or call 1-888-AARPNOW (1-888-227-7669). AARP Foundation Tax-Aide is offered in conjunction with the IRS.

Supervisors Promise Transparency in Homeless Tax Spending

Supervisors Mark Ridley-Thomas and Sheila Kuehl proposed “an inclusive planning process which draws on the experience, expertise and wisdom of cities, homeless service providers and experts, the faith and business communities, formerly homeless individuals and county departments.”

Free Tax Filing Assistance Event for Local Residents

Feb. 4 Need help preparing and filing your taxes? Students and local residents are invited to get free tax preparation assistance from representatives of the Intuit Tax Freedom Project and the Computer and Communications Industry Association (CCIA) on Saturday, Feb. 4, from 10:00 a.m. to 4:00 p.m. The event will take place at El Camino College Compton Center in the Vocational Technology Building, located at 1111 E. Artesia Boulevard, Compton, CA 90221. In order to be eligible for free tax preparation services, one of the following must apply: earned $33,000 Adjusted Gross Income (AGI) or less in 2016; are eligible

Officials Warn of Scams, Tax-Related Identity Theft During Tax Season in Southland

As tax season shifts into high gear, threatening phone calls by criminals impersonating Internal Revenue Service agents and identity theft scams remain a threat to Southland taxpayers. The IRS said it has seen a surge of phone schemes as scam artists threaten arrest, deportation, license revocation and other things to trick victims into providing money. In one such scheme, the caller may say you’re entitled to a huge refund, but you must hand over a certain amount of cash first. Federal officials said taxpayers should be especially mindful of such con games during any filing season. “Taxpayers across the nation

Taxpayers — Beware of Scammers!!

California State Board of Equalization (BOE) Chairman and Franchise Tax Board (FTB) Member Jerome E. Horton announces taxpayers should take a few simple steps to keep from being preyed upon by data thieves and cyber criminals. “I stand with the Internal Revenue Service and other state tax agencies throughout our great nation in encouraging California taxpayers to follow safeguards for protecting their information,’ said BOE Chairman Jerome E. Horton. “Criminals have access to a good deal of personal data which they can use to file fraudulent returns. I urge you to become aware of security measures you can take online

Signature Gathering Approved for Bottled Water Tax Initiative

Backers of an initiative that would tax bottled water containing any water collected in California have until Dec. 21 to gather enough signatures to qualify the measure for the ballot. (AP photo) The backers of an initiative aiming to tax bottled water containing any water collected in California have until Dec. 21 to gather enough signatures to qualify the measure for the ballot. The “Groundwater Preservation and Water Consumer Awareness Act of 2015”, dubbed by author Louis J. Marinelli, would impose a five-cent tax on each ounce of bottled water containing any surface, underground, or municipal water collected in California.