In 2013, Attorney Dakessian represented a real estate company in Nevada that was being subjected to taxation in California. The real estate firm was told to pay $2.27 million in back taxes by the Franchise Tax Board in 2000, after being audited. The owner of the firm was a resident of California and he paid […]

Since 1993, California had provided its own version of a federal income tax law that allowed for the sale of qualified small business stock to be excluded as a tax deduction. This was only for company’s who had at least 80% of their payroll and assets within California. The Franchise Tax Board eliminated this tax […]