QDRO taxes explained: the split is tax free, the alternate payee pays on withdrawal, and the IRC 72(t)(2)(C) penalty exception never reaches an IRA.
Read full articleTexas gift tax does not exist at the state level. See the 2026 federal annual exclusion, the $15 million exemption, and when Form 709 is required.
Read full articleThe California late payment penalty is 5 percent of unpaid tax plus 0.5 percent a month for up to 40 months. How R&TC 19132 works and…
Read full articleTexas payroll taxes include no state income tax withholding, but employers owe TWC unemployment tax at 0.32 to 6.32 percent on the first $9,000 per employee.
Read full articleCalifornia nonresident withholding takes 7 percent of California source payments above $1,500. How Forms 590, 587, 588, and 592-B work after a move.
Read full articleA New York residency audit tests whether you truly left the state. What the Department reviews, how far back it can go, and the deadlines that…
Read full articleSelf employment tax Texas owners pay is federal, not state. The 15.3 percent under IRC 1401, the wage ceiling rule, and what an S corp election…
Read full articleCalifornia LLC vs S corp: the LLC pays a fee on gross receipts, the S corp pays 1.5 percent of net income. Profit margin decides which…
Read full articleTexas inheritance tax was repealed in 2015 and banned by the state constitution in 2025. What a Texas heir still owes federally and out of state.
Read full articleThere is no New York exit tax, but the state taxes departing residents through domicile audits, statutory residency, and Section 639 accruals.
Read full article