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Osborne Rincon CPAs

  • ABOUT US
    • About Us
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    • Get Tax Tips
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TAX TIPS

2019 Tax Law Changes - Federal vs. California

Amanda Cherrey February 7, 2019

As many of you know, the Tax Cuts and Jobs Act (TCJA) resulted in many changes that will impact 2019 federal income tax filing. The question is…

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Tags Tax Tips, taxes, tax law, tax rules, money saving opportunity
3 Comments

The Negative Impact of Retaining Income in a Trust

Amanda Cherrey January 1, 2016

As a result of the Affordable Care Act, almost all trusts with net taxable income in excess of $12,300 are realizing an additional 3.8% Net Investment Income Tax (NII Tax) on Net Investment Income (NII) retained...

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Tags trusts, income, money saving opportunity
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