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Out-of-State Partnership in California

Out-of-State Partnership in California Out-of-State Partnership in California The company LCP VII Holdings LP was a foreign partnership with holdings in entities both in the United States and abroad. The company had California-source income from pass-through entities. On the basis that they did not
Posted in Tax Law

Tax Implications of Children’s Summer Jobs

Tax Implications of Children's Summer Jobs Tax Implications of Children’s Summer Jobs If you employ your child during the summer season you open yourself up to some coveted and vaunted exemptions. In order to avoid tax pitfalls, be aware of the possible tax risks you might
Posted in Tax Law