What You Don't Know About California State Taxes
Can Cost You
Are you paying too much California state taxes? With the right help, you can pay the least tax allowed by California tax
code.
California's six state income tax rates range from 1 percent to 9.3 percent. The
Golden State also assesses a 1 percent surcharge on taxable incomes of $1
million or more.
California has five basic categories of taxes; income, sales, property, estate
and "other." At 10.3% for incomes of $1 million or more, The Golden State has among the
highest tax profiles in the country. If you don't manage your business to
mitigate California state income taxes carefully, you will pay more tax than you need
to pay.
Many doctors, dentists and other professionals pay too much California income
taxes, penalties, fines and wasted time simply because they are not getting the
guidance they need.
Given the diversity of taxes, the relatively high rates of taxes and the ever
changing complexity of California taxes, it makes a great deal of sense to
get proper guidance through the process of legally mitigating your tax
obligation in a way designed to minimize your audit risk.
California state taxes are constantly shifting.
With many changes in 2007, more
expected in 2008 and beyond, there are opportunities to mitigate your tax burden.
Associated Tax's Dennis Cozen has dedicated his practice to catering to the
federal & state income tax needs of doctors, dentists, and other professionals.
One example of an
Associated Tax service is the
mitigation of
client risk in California state taxes.
Associated Tax and Dennis Cozen through Dennis's certification to practice
before the IRS - combined with Dennis's extensive California state income tax experience
-
can provide you with the safety and security you seek to mitigate your
California tax obligation.
The first step to mitigating your California state income tax is a phone call or
email away.
For a no risk, no obligation, no pressure discussion,
contact the Associated Tax
office and request an appointment to sit down with Dennis Cozen.
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