Tax cuts

The answer provided by Mr. Martin is right on point. I would just add that even if your sister get's a job before the end of the year, you might...

If a personal home residence in California passes on to adult children when old homeowner dies----does the PROPERTY TAX change?

Property tax assessments are based upon the laws of the county in which the property is located. In most CA counties, there is an exemption from...

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Are health insurance premiums purchased by members of an LLC (subchapter S election) tax deductible if reimbursed by the LLC?

I agree with the previous comment, however, it is somewhat circular. You are coming out of pocket, getting paid back from the LLC, then,...