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May 2016 Archives

More millennials at odds with the IRS

It's no secret that millennials see the world differently than previous generations (i.e. Generation X and baby boomers). They view employment, relationships and technology (especially), much different than how other do. Because of this, it is not surprising that they view the responsibility of paying taxes differently as well.

Where is your home...for tax purposes

California is a great place to live. Most people know this already given that they love the weather, the access to so many attractions, and the cost of living. However, the taxes can be high in the Golden State. Depending on your income, it could be more than 13 percent; and this is after federal taxes.

Could you owe Uncle Sam some of your derby winnings?

The Kentucky Derby is not just a spectacle of horse racing, it is an event where the who’s who of basically anything convene to see the first race in the coveted triple crown of horse racing. (For the uninitiated, the Preakness Stakes and the Belmont Stakes are the other two races).

How policy changes to capital gains can help investors

Ask any tax analyst or financial advisor, and they will tell you that the key to investing is the long-term play. The longer you have your investment available, the better your return is likely to be. This may be realized in two ways; through the overall value of the investment (i.e. how much money is made through the investment’s growth), and the applicable tax rate.

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Law Offices of Robert T. Leonard, APC

Woodland Hills Office
21700 Oxnard Street
Suite 2060
Woodland Hills, CA 91367

Toll Free: 888-408-9486
Phone: 818-224-7935
Fax: 818-587-3833
Woodland Hills Tax Law Office

Los Angeles Office
10100 Santa Monica Blvd.
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Toll Free: 888-408-9486
Phone: 818-224-7935
Fax: 818-587-3833
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