Archive for August, 2010

TDP 2010 Newsletter

Dear Clients: The following is a summary of the most important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. Please call us for more information about any of these developments and what steps you should implement to take advantage of favorable developments […]

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California Personal Income Tax and Nevada Gambling Winnings Collide

A California resident was taxable on her Nevada gambling winnings since all income of California residents regardless of source, is subject to tax by the State of California. Taxpayer was denied a credit for income taxes paid to other states because she did not provide evidence that she paid Nevada income tax on the gambling […]

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