You Ask Yourself - What Has President Trump Accomplished In The Last 3 1/2 Years?
- Trump recently signed 3 bills to benefit Native people. One gives compensation to the Spokane tribe for loss of their lands in the mid-1900s, one funds Native language programs, and the third gives federal recognition to the Little Shell Tribe of Chippewa Indians in Montana.
- Trump finalized the creation of Space Force as our 6th Military branch.
- Trump signed a law to make cruelty to animals a federal felony so that animal abusers face tougher consequences.
- Violent crime has fallen every year he's been in office after rising during the 2 years before he was elected.
- Trump signed a bill making CBD and Hemp legal.
- Trump's EPA gave $100 million to fix the water infrastructure problem in Flint, Michigan.
- Under Trump's leadership, in 2018 the U.S. surpassed Russia and Saudi Arabia to become the world's largest producer of crude oil.
- Trump signed a law ending the gag ...
March 2020 Tax Saving Tips & Tricks
Use Your Business to Maximize Charitable Donations
Giving to your church, school, or other 501(c)(3) charity is a noble act no matter how you choose to give.
But for the purposes of tax savings, some forms of giving are much more beneficial to you than are others. As a business owner, you can use some business strategies to get the money to these institutions as business expenses.
While this does not change anything from the institution’s perspective, it hugely increases your tax savings. The Tax Cuts and Jobs Act (TCJA) makes it harder to benefit from your personal donations.
Let’s say you donate $10,000 to a church, school, or other 501(c)(3) charity:
- Will you get a tax deduction—in other words, will you itemize?
- Will you benefit from the entire $10,000 as an itemized deduction? In other words, did the $10,000 simply put you over the hump that beat the standard deduction?
- Say you can deduct all $10,000 as an itemized deduction. Would making it a business deduction increase ...
Voter Guide For March 3, 2020
MARCH 3, 2020 VOTER GUIDE
FEDERAL OFFICES
US Representative 23 - Kevin McCarthy
US Representative 25 - Mike Garcia
US Representative 28 - Eric Early
US Representative 29 - Brian Perras
US Representative 30 - Mark Reed
US REpresentative 33 - James Bradley
US Representative 37 - Erroll Webber
US Representative 39 - Young Kim
US Representative 43 - Joe Collins
US Representative 47 - John Briscoe
STATEWIDE OFFICES
CA Senate 21 - Scott Wilk
CA Senate 27 - Houman Salem
CA Senate 29 - Ling Ling Chang
CA Assembly 36 - Tom Lackey
CA Assembly 38 - Suzette Valladares
CA Assembly 49 - Burton Brink
CA Assembly 55 - Phillip Chen
CA Assembly 66 - Arthur Schaper
CA Assembly 70 - Dave Thomas
COUNTYWIDE CANDIDATES
LA County Supervisor – Kathryn Barger
LAUSD School Board District 3 - Marilyn Koziatek
LAUSD School Board District 5 - Christina Martinez-Duran
LAUSD School Board District 7 - Mike Lansing
Judicial Offices
Judicial District 17 - Shannon Cooley
Judicial District 42 - Robert Villa
Judicial Dis...
‘Not the Golden State anymore’: Middle- and low-income people leaving California
Kate Cimini wrote a tremendous article about California and why its residents are leaving in droves.
This isn't a new subject BUT the demographics of those leaving may surprise you.
2019 Year End Tax Saving Strategies
2019 Last-Minute Section 199A Strategies That Reduce Taxes
Remember to consider your Section 199A deduction in your year-end tax planning.
If you don’t, you could end up with a big fat $0 for your deduction amount. We’ll review four year-end moves that (a) reduce your income taxes and (b) boost your Section 199A deduction at the same time.
First Things First
If your taxable income is above $160,700 (or $321,400 on a joint return), then your type of business, wages paid, and property can reduce and/or eliminate your Section 199A tax deduction.
If your deduction amount is less than 20 percent of your qualified business income (QBI), then consider using one or more of the strategies described below to increase your Section 199A deduction.
- Harvest Capital Losses
Capital gains add to your taxable income, which is the income that
- determines your eligibility for the Section 199A tax deduction,
- sets the upper limit (ceiling) on the amount of your Section 199A tax deduction, ...
November 2018 Voter Guide
Here is my Voter Guide for the November 6th General Election
STATEWIDE CANDIDATES
Governor – John Cox
Secretary of State – Mark Meuser
Controller – Konstantinos Roditis
Treasurer – Greg Conlon
Attorney General – Steven Bailey
Insurance Commissioner – Steve Poizner
Superintendent of Public Education – Marshall Tuck
Board of Equalization – G. Rick Marshall
FEDERAL OFFICES
US Representative 23 Kevin McCarthy
US Representative 25 Steve Knight
US Representative 26 Antonio Sabato Jr.
US Representative 27 Beatrice Cardenas
US Representative 28 Johnny Nalbandian
US Representative 29 Benito Bernal
US Representative 30 Mark Reed
US Representative 32 Joshua M. Scott
US Representative 33 Kenneth Wright
US Representative 35 Christian Leonel Valiente
US Representative 37 Ron Bassilian
US Representative 38 Ryan Downing
US Representative 39 Young Kim
US Representative 47 John Briscoe
STATEWIDE OFFICES
CA Senate 18 Rudy Melendez
CA Senate 32 Rita Topalian
CA Senate 34 Janet Nguyen
CA Assembly 36 Tom Lackey
CA Assembly 3...
