Some Rarely Discussed Property Taxes

Personal property tax which is also collected on high-priced possessions, such as yachts and air planes, is most often collected from California businesses. Each year, business owners must detail the cost of all their supplies, equipment, and fixtures in a 571-L. Depending on the county in which the property is located, a business must pay for items that they own such as machinery, fixtures, office furniture and equipment; however business inventory is exempt. While computers are understandably taxable, operating systems also are included on the taxable-items list; however, most application software is exempt.

Capital Assets and Personal Property Tax

Almost everything you own and use for personal or investment purposes is a capital asset. Examples include a home, personal-use items such as household furnishings, and stocks or bonds held as investments. When a capital asset is sold, the difference between the basis in the asset and the amount it is sold for is a capital gain or a capital loss.

Capital gains are either short-term (owned for less than a year) or long-term (owned longer than a year). If your long-term capital gains are more than your short-term capital gains that gain may be taxed at a lower tax rate than your ordinary income tax rates – rates are higher for taxpayers making higher incomes but in general the rate for long-term gains is lower than that for income tax. Short-term gains are taxable at the normal income rates.

Unusual taxes include:

  1. The highest tax for a gain from selling section 1202 qualified small business stock is 28%.
  2. Net capital gains from selling collectibles (such as coins or art) are taxed as high as 28%. In general, a collectible is something that that is being held with the intent of making money instead of simply owning it for pleasure. While you might be able to use a collectible investment — like wearing a Rolex Daytona when you’re out to dinner — investment collectibles are typically safeguarded to avoid damage that would reduce their value.

Property Tax Appeals Process

Property owners may inspect and copy documents related to their property’s assessment. If they disagree with the assessment, they can ask for an interview to discuss the basis of the assessment and to inform the assessor of any facts affecting the valuation of the property. Most disagreements are settled this way, however, if an agreement cannot be reached an appeal should be considered.

Paramount Property Tax Appeal specializes in real estate and personal property tax filings. When needed, we know how to file and effectively win an appeal in any county. We represent our clients throughout the filing and appeals processes.


Personal Property Tax for Business Owners in California

Personal property taxes are a value-based and, as such, are the liability of the person or entity assessed for the tax. Property that is not real property (e.g., land) is considered personal property for which the state of California issues an unsecured tax bill.

What Is Taxable?

An assessment attempts appraise the market value of the property – this is the amount that a property will bring when it is sold on an open market. Unlike real property, business personal property is appraised annually. Owners must detail the cost of all their supplies, equipment, and fixtures in a 571-L. Depending on the county in which the property is located, a business not only must pay for items that they own like machinery, fixtures, office furniture and equipment, they also may need to account for leased equipment. While computers are understandably taxable, operating systems are included on the taxable-items list. However, most application software is not taxable. Most importantly, the good news is that business inventory is exempt from taxation as is rent.

Property has an economic life. Furniture, machinery and fixtures all can be depreciated. Straight depreciation involves evenly deducting the full purchase value of the item over its economic life.

For businesses located in multiple places, taxes must be paid in each county in which the taxable property is located. Although county assessors are all trained by the Board of Equalization, the requirements for this tax varies for each county – even the deadlines for filing taxes may not be the same.

Making a Property Tax Appeal

Assessors must recognize declines in value and at times property owners must bring this fact to the assessor’s attention. If the property owner disagrees with an assessment made, the property owner should inform the assessor of any facts affecting the valuation of their property. If an agreement cannot be reached an appeal can be considered.

At an administrative hearing before the Board of Equalization, the property owner can make an appeal but he or she must prove that the assessor has improperly valued the property.Paramount Property Tax Appeal specializes in real estate and personal property tax filings. When needed, we know how to file and win an appeal in any county. We represent our clients throughout the filing and appeals processes.

References

Office of Mark Church, San Mateo County Assessor’s Office at http://www (dot) smcare (dot) org/assessor/bps571.asp.

California State Board of Equalization at http://www (dot) boe (dot) ca (dot) gov/proptaxes/faqs/personal.htm.

County Tax Schedules at http://www (dot) boe (dot) ca (dot) gov/proptaxes/pdf/filingperiods.pdf.

Assessor’s Handbook at http://www (dot) boe (dot) ca (dot) gov/proptaxes/ahcont.htm.

County of Santa Barbara Assessors page at http://sbcassessor (dot) com.

California Property Tax, Publication 29, November 2012 at http://www (dot) boe (dot) ca (dot) gov/proptaxes/pdf/pub29.pdf.


Judgment Recovery: Looking for Experience and Effectiveness at a Reasonable Price?

Like a collection agency we only are compensated solely on what is collected. We take care of all paperwork, court filings, and court appearances. We pay all the expenses upfront involved in the enforcement of a judgment and take a percent of the total amount recovered then pass the balance onto you. You will never have to have any contact with the debtor.

For judgments of at least $1,100, our investigators will use our special access to private and public databases to locate your debtor. In our investigations, we are approved to tap databases used by law enforcement and investigative agencies. We additionally are authorized by the court to enter secure files.

Because our specialists are familiar with the collection laws in each of the 50 states we are able to:

◊ Locate the employer and garnish the debtor’s wages.

◊ Garnish the wages of the debtor’s spouse.

◊ Seize the debtor’s vehicles and have them auctioned off by the sheriff.

◊ Locate and seize bank and brokerage account funds

◊ Locate and foreclose on real estate

◊ Subpoena records from family, friends, and business associates to discover hidden assets.

◊ Place liens on business and personal property.

 

We collect civil judgments in California whether they are small claims or superior court.

Keys to Our Success

We have over 25 years of experience recovering judgments. Our team strives to remain current with the law and to adhere to high ethical standards. Our methods are entirely legal. We do not resort to harassment and dishonest tactics. We only use legal means of finding and seizing a debtor and their assets.

***Paramount Judgment Recovery does not perform legal services. If you require legal advice, please consult a licensed attorney.***


Ways to Travel at Discount Rates

You can use couponing to go to most any where. You also can find discounts for travel. The opportunities are everywhere. Airlines want to fill all seats, so if you travel the red eye and are willing to go standby, you can go most anywhere for less than it costs the airlines to pay for the gas. To travel between most major cities in the U.S. just conduct a search. Bus companies often offer free rides, for example trips between Washington, DC and New York are not only offered for free on a weekly schedule, you can get free Wi-Fi as you travel.

Finding Vacation Coupons

You can go on cruises at deep discounts. Want to take a trip? Just conduct an internet search for discount cruises. You can even search for discounts specifically for where you want to go. For example, Cruise Expedia offers trips to the Caribbean.

Extreme Couponing: Make All Couponing Count

To save up for your much desired vacation, use coupons whenever and wherever you shop. Collect all coupons and, if possible, gather multiple copies. Drop in on coffee shops and pick up discarded Sunday papers. Ask your barber or beauty parlor to save their magazines for you. Treat coupons as money – if you do not want to use them yourself, you can sell them in lots on eBay. Even old out-of-date coupons can be given as charitable deductions to military families who can use them for 6 months after the expiration date and you can take it as a tax deduction.

References

Beginners Guide to Using Coupons: Living Rich with Coupons at www (dot) Livingrichwithcoupons (dot) com.

Coupon Information Center website at www (dot) couponinformationcenter (dot) com.

Shop at Home site as www (dot) shopathome (dot) com.

Extreme Couponing at www (dot ) buyerpricer (dot) com.

How to Become an Extreme Couponer at www (dot) google (dot) books (dot) com.

Beginners-Guide-to-Coupons at www (dot ) livingwellspendingless (dot ) com.

Single and Saving: Living the Single Life on a Budget at www (dot) singleandsaving (dot) com.

Couponing 101: Couponing for Singles at www (dot) moneysavingqueen (dot) com.

Couponing 101: Get Your Free Coupon Education! at www (dot) couponing101 (dot) com.

Living Well Spending Less at www (dot) livingwellspendingless (dot) com.

Couponing to Disney at www (dot) couponingdisney (dot) com.

FTM at www (dot) forthemommas (dot) com.

Good Search at www (dot) goodsearch (dot) com.


Extreme Couponing

Do you hate to use coupons? Perhaps you didn’t believe they could make a difference to your monthly expenses. Well think again. One website’s author claims she saves 50-90% each week using extreme couponing.

Warning: The Coupon Information Center states that most coupons are good. However, they caution the public never to pay for a coupon, not to use a coupon outside of an authorized distribution channel or if it seems too good to be true, check out the offer first.

Couponing Sources

  1. Inserts in your Sunday paper
  2. Printable Coupons that you find online for manufacturer coupons and store coupons
  3. Websites that provide coupons such as ShopAtHome.com which has manufacturer and store coupons of every sort.
  4. Catalina Printouts – these are coupons that print at your store after checkout
  5. Magazines – such as Good Housekeeping, Woman’s Day, Better Homes & Garden Magazine often have coupons for popular and new trial products
  6. Tearpads/Blinkies – found in store on displays or hanging from the shelf
  7. eCoupons – these are coupons that load onto your store loyalty card or your smart phone. They are deducted at the register when you make a qualifying purchase
  8. Use Apps on your phone – download apps for your favorite stores or apps that provide sales at your favorite stores such as Shopkick and Checkout51.

Get the Most out of Those Coupons

Some items have sales regularly and some annually, such as pumpkin during Thanksgiving and candy during Halloween. Stock up when they are on sale and never purchase them full price.

Ask the store if they allow you to use a store coupon with manufacturer coupons. Also, ask if your favorite store accepts competitor coupons. If they do, it’s a wonderful savings opportunity.

References

Beginners Guide to Using Coupons: Living Rich with Coupons at www (dot) Livingrichwithcoupons (dot) com.

Coupon Information Center website at www (dot) couponinformationcenter (dot) com.

Shop at Home site as www (dot) shopathome (dot) com.


Instant Payday Network Reviews

Instant Payday Network is an online business that enables anyone to start a business without any initial investment. The program claims that participants can make quick money online without any risk. Founder, Jeff Buchanan from Huntington Beach, California, claims participants can earn thousands per week without working.

What Instant Payday Network Involves

The participant completes several CPA offers at Express MyCashFreebies and Double MyCashFreebies websites which are provided by Fortune 500 companies. Participants are paid for referrals generated from a free website generated for them – $25 for Express My Cash Freebies and $33 for Double My Cash Freebies.

The free marketing website generates referrals. Participants are paid directly by the Fortune 500 companies that are involved and make up a system called the “Express and Double My Cash Freebies.”

Optionally, participants can, for ONLY $25, have the opportunity to make money that consistently grows month after month.

Instant Payday Network Scam

One review of the Network warns that CPA offers generally involve:

  • Signing up to get approved for a credit card.
  • Creating a free trial from a credit score company.
  • Creating a free trial to such things as Netflix or Gamefly.
  • Signing up for a magazine subscription.

These offers change often, and only some are free. However, the majority of the offers require that the participant share credit card information even when the offer is free.

About the website which functions as a marketing system. The participant gets to choose the lead capture squeeze page, email auto responder series, stats tracking and leader board. After the participant enters emails for referrals that have been generated by their capture website, several emails are sent to the referrals. The objective of sending several emails is to get the participant’s referrals to buy into the offer.

One reviewer urges participants to research the Fortune 500 companies making the offers. See if there have been any complaints regarding their billing practices. She cites several that had poor reputations including Freecreditscore, Creditreports and eMusic, which are within MyCashFreebies. Almost all complaints have involved not paying of promised rewards and charging participants beyond their free trials even though they had cancelled.

The reviewer states that there are lots of people trying the same method of gaining referrals. The free website is too generic with no creative or unique tweaks to any individual site. Thus actually gaining referrals from any free site or by any other means, is not that easy. The reviewer ends her critique saying that rather than making thousands a week as the program’s founder promises, a participant might make some small change.

Reference

The Blogging Queen, “Instant Payday Network Secrets,” at www (dot) mariagallowayblog (dot) com.

My Instant Payday Network Review – Don’t Fall for all the Hype at www (dot) survivingaftercollege (dot) com/my-instant-payday-network-review-dont-fall-for-all-the-hype.


Meal Plans for Weight Loss

Imagine being the right weight. You could tie your shoes with ease. When you caught yourself in the mirror you could be pleased with your shape. More importantly, you would be less likely to develop a major health problem, such as heart disease or diabetes. And if you do have a major illness, you would be able to manage your condition and even be able to return to a healthy state because you were a desirable weight.

At our Weight Loss Clinic in San Diego, we have found that most of our clients are too busy to stop and eat proper food and that this is the primary reason that they gained weight in the first place. Then, because they have been picking up fast food while they rushed from place to place, they acquired unhealthy food habits.

At the San Diego Weight Loss Clinic we provide meal plans for weight loss. This is our primary tool for weight loss and for maintaining a healthy weight is to provide delicious nutritious meals and snacks. We don’t just have meals we prepare for everyone. We actually prepare food that offers the best balance to meet your individual needs.

Unlike other health plans that provide you with prepared foods, at San Diego Weight Loss we accommodate special dietary needs of our clients. We provide a diet designed just for you. We can accommodate food allergies, metabolism issues, diabetes, etc.

At San Diego Weight Loss Clinic our goal is to help you acquire healthy food habits that are best for your unique body. If and when you chose to start preparing foods for yourself, you will have developed healthy food habits. But if you remain too busy to make food yourself or just don’t like to cook, we can continue to provide you with a prepared diet that is tailored for you.

Our clinic recognizes that regular exercise helps a person to achieve and maintain long-term health; however, exercise is not necessary for weight loss and maintenance under our program. Our delicious food will provide you the balance and nutrition you need to slim down without any effort. We have designed a weight loss program to meet the needs of the average person who is on the go.

To learn about more about our program, visit any one of our weight loss spas. We will be happy to give you a tour and let you try some of our meals.


San Diego Property Appraisal

In California real estate appraisers must be licensed and the requirements for licensure are higher than in other states. The minimum requirements are 30 semester credit hours in an accredited college or university or an associate’s degree in any field. To be “certified” the appraiser must have a bachelor’s degree or higher from an accredited college or university. Appraisers at San Diego Property Appraisal not only are licensed, they meet certification requirements. All of our appraisers are also required to maintain active membership in an association of appraisers, such as the Bureau of Real Estate Appraisers or American Society of Appraisers. These associations maintain high performance standards, provide education to its members, and require its members to subscribe to a code of ethics while practicing their trade.

Our highly qualified appraisers also are experienced in the fields of residential and commercial appraisal. Our staff can appraise the value of single family homes, condos, townhouses, etc. and do so more accurately than what you’ll find when using an automated valuation model or a Broker Price Opinion. They can do appraisals for VA, FHA, conventional, jumbo, and Fannie Mae or Freddie Mac purposes.

San Diego Appraisal

 

The process of valuing real property is not simple, and no one approach fits all. Even in newly built developments, each property is unique. At the very least each property differs by location and this difference can affect value.

Property appraisal attempts to establish market value and this must be based on the highest and best use of the real property. At San Diego Appraisal, our staff persons customize appraisal approaches to fit your individual property.

San Diego Residential Appraisal  

When residential housing in an area is similar it is usually appraised by a comparison with other nearby properties. Recent sales of properties similar to the property are examined and compared. Recent sales help to determine a property’s value, as they represent amounts actually paid or agreed upon for properties. Adjustments are made for such things as number of bedrooms, building and landscaping improvements and so forth. The appraiser attempts to estimate the price that might be paid if each comparable sale were identical to the residence being valued.

For unique properties, our appraiser will want to estimate the cost of replacing the structure and deduct for the current structure’s depreciation. The land is appraised separately. Any variables that might increase or decrease the property’s value are taken into consideration, such as changes in the neighborhood. For improvements, value is calculated by their effective age.

San Diego Property Appraisal will make the most accurate appraisal of your property. Our services what you can trust.


What You Should Know about California Taxation on Business Personal Property

Like real estate, a tax is annually collected for business personal property from California; however, unlike real property, business personal property is appraised annually. Personal property is anything that is not real estate property. Unlike that for real property, there is no provision in the state allowing proration of the value of property for the ensuing year.

Each business must provide detail descriptions of their supplies, equipment, and fixtures along with each item’s original cost. This information must be provided when they file a 571-L or Business Property Statement in the county in which their business is located. While property taxes are collected by each county, it is governed by California state law.

 

What Is Taxable? 

California businesses may not only be required to pay for items that they own, they also, depending on the requirements of county in which it is located, may need to account for leased equipment. While computers are understandably taxable, operating systems are also included on the taxable-items list. However, most application software isn’t taxable.

Be sure to note that the sale or purchase of high-ticket value personal property should be reported to the Assessor to ensure that the next year’s tax bill will be issued to the buyer. Failure to receive a tax bill is not justification to cancel any of the delinquent penalties, costs, or interest penalties that may accrue. If a property owner does not receive a tax bill, it is best to request a duplicate tax bill.

Because businesses located in multiple places must pay taxes to each county in which they have property, filing 571-Ls can be complicated. Although the Board of Equalization gives out an Assessor’s Handbook to all assessors in California, filing can vary by county.Even deadlines for filing taxes differ by county.

Automate 571-L Form Filing 

Some counties provide automated 571-L forms. To find more information the California State Board of Equalization provides a list of counties that are automated.

Better still, call us. Our company is experienced at filing each county’s 571-l, and when applicable, we also know how to file an effective appeal. We represent our clients throughout the filing and appeals processes.

 

References

Office of Mark Church, San Mateo County Assessor’s Office at http://www (dot) smcare (dot) org/assessor/bps571.asp.

California State Board of Equalization at http://www (dot) boe (dot) ca (dot) gov/proptaxes/faqs/personal.htm.

County Tax Schedules at http://www (dot) boe (dot) ca (dot) gov/proptaxes/pdf/filingperiods.pdf.

Assessor’s Handbook at http://www (dot) boe (dot) ca (dot) gov/proptaxes/ahcont.htm.

Sacramento County Finance page at http://www (dot) finance (dot) saccounty (dot) net/Tax/Pages/Unsecured.aspx


Did You Know California Taxes Commercial Personal Property Annually?

A tax also collected on high-priced personal property, such as yachts and airplanes, is collected on California business personal property. This can include all property except real estate.

What Is Taxable?

Examples of taxable business personal property are:

  • Building / Fixture / Land Improvements
  • Office Furniture and Equipment
  • Machinery and Equipment
  • Supplies
  • Tools
  • Computer Hardware and Operating Systems
  • Leasehold Improvements
  • Property Leased to Others
  • Construction in Progress

An assessment attempts to appraise the market value of the property – this is the amount that a property will bring when it is sold on an open market.

Unlike real property, business personal property is appraised annually. Owners must detail the cost of all their personal property when filing a 571-L. Depending on the county in which the property is located, a business also may need to account for leased equipment. While computer systems and operating systems are included on the taxable-items list, most application software isn’t taxable. Most importantly, the good news is that business inventory is exempt from taxation.

For businesses located in multiple places, taxes must be paid in each county in which the taxable property is located. Although county assessors are all trained by the Board of Equalization, the requirements for this tax varies for each county – even the deadlines for filing taxes may vary. And it is important to note that some may not allow for electronic filing of the 571-L, where others may even require that filing be electronic and may not allow paper based filings.

Business Property Tax Appeal

If a business disagrees with the assessment made by an individual county, the Board of Equalization recommends first contacting that county to request an explanation of how the assessment was determined and to inform the assessor of any facts that may affect the value of the property. Only if an agreement cannot be reached should an appeal be considered.

In most counties an appeal is heard at an administrative hearing before the Board of Equalization. As a general rule, the property owner has the burden of proving that the assessor has improperly valued the property. The property owner can be represented by a lawyer.

Our company is experienced at filing each county’s 571-l, and when applicable, we also know how to file and effectively win an appeal. We represent our clients throughout the filing and appeals processes.

References

Office of Mark Church, San Mateo County Assessor’s Office at http://www (dot) smcare (dot) org/assessor/bps571.asp.

California State Board of Equalization at http://www (dot) boe (dot) ca (dot) gov/proptaxes/faqs/personal.htm.

County Tax Schedules at http://www (dot) boe (dot) ca (dot) gov/proptaxes/pdf/filingperiods.pdf.

Assessor’s Handbook at http://www (dot) boe (dot) ca (dot) gov/proptaxes/ahcont.htm.

County of Santa Barbara Assessors page at http://sbcassessor (dot) com.


San Diego Property Appraisal

 

In California real estate appraisers must be licensed and the requirements for licensure are higher than in many other states. Thirty semester credit hours are required from an accredited college or university or an associate’s degree in any field. Additionally, to be “certified” the appraiser must have a bachelor’s degree or higher from an accredited college or university.

Appraisers at San Diego Property Appraisal not only are licensed, they meet certification requirements. Our highly qualified appraisers are experienced in the fields of residential and commercial appraisal. Our staff can assess the value of single family homes, multi family, residential compounds, farms, ranches, apartment buildings, multi-use buildings, condominiums, cooperative apartments, homeowner associations; commercial (e.g., shopping centers, retail stores, gas stations, funeral homes, nursing homes, hospitals, medical office buildings, restaurants, marinas, lumber yards, movie theaters); industrial (e.g., factories, warehouses, refrigerated warehouses); schools, municipal buildings, churches, vacant land and subdivisions, leasehold, leased fee and life estates… and we do so more accurately than what you’ll find when using an automated valuation model or a Broker Price Opinion. Our experienced staff also can do appraisals for VA, FHA, and conventional loans.

San Diego Appraisal and Estate Planning 

There are many reasons to use a professional appraiser when planning for your heirs:

  • Appraisals of privately held business interests are required by IRS regulations to support values claimed on estate or gift tax returns.
  • A professional appraisal provides the client some insurance against an IRS audit and professional support in case of audit.
  • The costs of appraisals are deductible on estate tax returns.
  • The appraiser can assist your attorney to structure your estate plan to maximize the tax benefits for heirs.
  • The appraisal can provide a benchmark of value for an asset or collection so that subsequent appraisals will illustrate the increase or decrease in value.

Our staff make appraisals for estate and gift tax, trusts, financial planning, guardianship, and conservatorship to establish fair market value or fair market rental value in connection with estates. San Diego Property Appraisal will make the accurate appraisal of your property. You can trust the quality of our services.

References

American Society of Appraisers at http://www (dot) appraisers (dot) org.

All Area Appraisal Affiliates Network at www (dot) quickval (dot) com.


Did You Know California Taxes Commercial Personal Property Annually?

A tax also collected on pricey personal property, such as yachts and furs, is collected on California business personal property. Personal property includes all property except real estate. An assessment attempts appraise the market value of the property – this is the amount that a property will bring when it is sold on an open market.

What Is Taxable?

Like real property, business personal property tax is appraised annually. Owners must detail the cost of all their supplies, equipment, and fixtures when filing a 571-L in the county in which they are located. Depending on the county in which the property is located, a business not only must pay for items that they own like machinery, fixtures, office furniture and equipment, they also may need to account for leased equipment. While computers are understandably taxable, operating systems are also included; however, most application software isn’t included in the list of taxable items.

For businesses located in multiple places, taxes must be paid in each county in which the taxable property is located. Although county assessors are all trained by the Board of Equalization, the requirements for this tax vary for each county – even the deadlines for filing taxes may vary.

Appeals Process

If a business disagrees with the assessment made by an individual county, the Board of Equalization recommends first contacting that county to request an explanation of how the assessment was determined and inform the assessor of any facts that may affect the value of the property. Only if an agreement cannot be reached should an appeal be considered.

Most counties will conduct an administrative hearing before the Board of Equalization. The property owner can choose to be represented by a lawyer. As a general rule, the property owner has the burden of proving that the assessor has improperly valued the property.

Our company is experienced at filing each county’s 571-l, and when applicable, we also know how to file and effectively win an appeal. We represent our clients throughout the filing and appeals processes.

References

Office of Mark Church, San Mateo County Assessor’s Office at http://www (dot) smcare (dot) org/assessor/bps571.asp.

California State Board of Equalization at http://www (dot) boe (dot) ca (dot) gov/proptaxes/faqs/personal.htm.

County Tax Schedules at http://www (dot) boe (dot) ca (dot) gov/proptaxes/pdf/filingperiods.pdf.

Assessor’s Handbook at http://www (dot) boe (dot) ca (dot) gov/proptaxes/ahcont.htm.


Did You Know California Taxes Each Business’s Personal Property Each Year?

Not only do California businesses have to file income tax, they are also charged what is known as a “Luxury Tax,” so called because it is also collected on high-ticket possessions, such as yachts and expensive jewelry. Annually California businesses must file a 571-L or Business Property Statement at the county level.

What Is Taxable?

California businesses not only pay for items that they own, they also may need to account for leased equipment. While computers are understandably taxable, operating systems are assessed. Furthermore, when personal property is sold, the business selling it must pay taxes on the property as though they used it for the entire fiscal year!

To complicate matters, for businesses located in multiple places, taxes must be paid in each county in which the taxable property is owned, leased, claimed, possessed, controlled or managed.

The requirements for this tax are not consistent from county to county and not all counties share information about the tax with the public. Not only that, but deadlines for filing taxes different county to county.

Automate 571-L Form Filing 

Some counties do provide automated forms for personal property tax filing but others do not. To find more information the California State Board of Equalization provides a list of counties that are automated.

Our company will help your business file the annual 571-l, and when applicable, file an appeal. We represent our clients throughout the filing and appeals processes.

References

Office of Mark Church, San Mateo County Assessor’s Office at http://www (dot) smcare (dot) org/assessor/bps571.asp.

California State Board of Equalization at http://www (dot) boe (dot) ca (dot) gov/proptaxes/faqs/personal.htm.

County Tax Schedules at http://www (dot) boe (dot) ca (dot) gov/proptaxes/pdf/filingperiods.pdf.


Did You Know California Taxes Commercial Personal Property?

A tax, also known as a “Luxury Tax” because the tax is also commonly collected on high-priced possessions, such as yachts, expensive jewelry and the like, is charged to business and collected by each county in California. Each year, a business files a 571-L or Business Property Statement.

What Is Taxable?

A business not only pays for items that are owned, but also may need to account for leased equipment when reporting to the county assessor. Additionally, when personal property is sold, the seller must pay taxes on the property for the ensuing fiscal year. So if you sold office furniture in January, you would have to pay taxes on it as though you possessed the furniture for the entire year!

Additionally, since businesses are often located in multiple places, taxes must be paid in each county in which the taxable property is owned, leased, claimed, possessed, controlled or managed.

Although information for filling out a 571-L is available online for some counties, in general California businesses are not ordinarily well versed in how to file out 571-L forms because the requirements for this tax are not consistent from county to county and not all counties generously share information with the public.

Business Property Tax Appeal

Private businesses in California may challenge the appraiser’s assessment of the company’s personal property. The process is admittedly complex. In fact, most companies (even CPAs) do not have a grasp on the process, again because each county is unique.

Our company will help people file the 571-l, as well as file an appeal. We represent our clients throughout the file and appeal processes.

 

References

Office of Mark Church, San Mateo County Assessor’s Office at http://www (dot) smcare (dot) org/assessor/bps571.asp.

California State Board of Equalization at http://www (dot) boe (dot) ca(dot) gov/proptaxes/faqs/personal.htm.


Best Multilevel Marketing Companies

One of the best things about living in San Diego is the beautiful weather, the ocean and the opportunity that abounds.

In these days of internet marketing, you can live anywhere that you want and build a business.

in choosing the best multilevel marketing companies to work with there are several factors that you want to take into consideration.

First off and most importantly is the product.

The product has to be able to be sold to customers that are not involved as distributors. The product has to have value for the general public. Too many Network Marketing Companies are based on internal consumption of the product. This is not a viable long term solution. IN these scenarios there are really no customers, therefore the network is bound to collaspe because there are no outside customers that are supporting the network.

After considering the product the next question you need to answer is whether or not the principles of the company are worthy of your faith and trust. I have seen time and time again that once the company becomes very successful, these companies are not true to their distributor force… Sometimes by selling the company from under them, sometimes from banning them from the company…

So you if you have a company and management team that you like, the next thing is how you are going to market your company.

I know this sounds strange, but I always think about how I am going to market a company before I get involved with them. Too often, the distributor force, in their excitement will tell a prospective distributor about how great a company and may even sponsor totally on “hype” without teaching a prospect exactly how they are going to market their company.

So you also want to find a sponsor that knows how to market and is having success, and will help you.

For additional information click here

Best multi level marketing companies


San Diego Solar Power

Did you know that solar is now more cost-efficient and is the source of more jobs than coal mining. Not only that, the number of solar energy jobs is increasing while the number of fossil fuel jobs is decreasing annually. San Diego stands out in the industry – for San Diego solar is growing more than 10 times faster than the American economy.

San Diego solar power should be seeing changing in the horizon. A growing number of large solar power projects (over 100 megawatts each) have been built in the last few years. The construction boom reflects state policies to replace fossil fuel power generation with cleaner energy sources. California, in particular, requires utilities to get 33% of their electricity supplies from renewable sources by 2020. For example, Pacific Gas and Electric began producing solar electricity in 2009. The solar power came from a 10-megawatt project built by Sempra Generation. With federal guaranteed loans boosting the industry’s growth, utility companies are fast becoming interested in solar. The 392-megawatt Ivanpah Solar project which uses mirrors and sun’s heat began production early in 2014. Another California project producing 250-megawatts is being built. Both are owned by NRG.

Now, the world’s largest solar power plant is being built in Arizona that will provide electricity to California. The project will provide electricity to San Francisco. Pacific Gas and Electric Co. which signed a 25-year purchase agreement. At best, the project could generate enough electricity for 230,000 homes.

We are certain to see this same trend in San Diego power companies in the near future.

 

References

“5 Reasons Solar is Beating Fossil Fuels,” Ecowatch, www (dot) ecowatch (dot) com.

“Behold the World’s Largest Solar-Panel Power Plant – In Arizona,” Ucilia Wang, Green Tech, April 29, 2014

“US Solar Energy Capacity Grew an Astounding 418% From 2010-2014,” www (dot) cleantechnica (dot) com.


San Diego Solar Power

Homeowners should learn about San Diego Solar Power tax breaks, loans and the other benefits of going solar.

  • Tax Credits: Take advantage of the 30% tax credit and five-year depreciation on taxes for the solar unit.
  • Loans: The Go Solar program in San Diego County, a partnership between the County of San Diego and commercial banks, offers loans to qualified property owners at attractive rates and terms to help access financing for making energy efficient and/or solar energy improvements to homes or businesses, such as installing solar systems.
  • Government Cash Back: The California Solar Initiative was created to offer property owners in the state cash back for installing solar on their homes and businesses. To qualify for San Diego Solar installation, owners must 1) buy electricity from one of California’s three investor-owned utilities (Pacific Gas and Electric, Southern California Edison or SDG&E); and 2) have roof or ground space that receives unobstructed sunlight from 11 a.m. to sunset year round. To date this program has been so popular that its funds are now exhausted.

If interested in joining the San Diego Solar Go Solar program, do the following:

  1. Obtain written estimates from at least three licensed contractors (San Diego Power Companies should hold license classifications of A, B, C-10 or C-46 from the California Contractors State Licensing Board).
  2. Contact participating commercial banks for terms and loan process details (see the County of San Diego’s website for a list of participating banks). Complete the bank’s loan application.
  3. Apply for any necessary building permits through your local planning/building office. Residents of the County’s unincorporated areas can contact the County of San Diego Department of Planning and Land Use.

With the exception of swimming pool and hot tub heaters, the assessed value of your property will not increase as a result of adding most solar systems; however the market value and desirability of your home will increase.

To learn if your home would benefit from adding solar, contact the California Center for Sustainable Energy (CCSE). CCSE provides workshops and technical assistance in assessing a home’s energy usage and determining effectiveness of making energy efficient and solar energy improvements. They will qualify, CCSE will help you locate the best San Diego Solar Power companies.


San Diego Appraisal

Every property is unique. Even in a newly built high rise or development, each property differs by location and this difference can affect value. Property appraisal attempts to establish market value based on the highest and best use of the real property. At San Diego Appraisal, our staff will tailor appraisal approaches to best estimate the value of your property.

San Diego Residential Appraisal

Property that is similar is usually appraised using an approach that involves comparing similar properties in the area. Recently sold properties are used to determine the property’s value. The value of differences are added or subtracted to the appraisal. These differences might include location, building style, improvements, amenities, plot size, etc. Our appraiser attempts to simulate the price that would have been paid if each comparable sale were identical to the residence being valued. This method is most often used for residential property.

For land and buildings of special character for which profit figures cannot be obtained, or land and buildings for which there is no market because of their public service or heritage characteristics, our appraiser will estimate the cost of building an equivalent structure. The Replacement Cost method would be most appropriate approach to use. This method involves appraising the land separately, estimating replacement costs and deducting depreciation. Any variables that might raise or decrease value of the property, such as changes in the neighborhood is noted, and depreciation on the current property, are estimated. For improvements, value is calculated by their effective age.

San Diego Commercial Appraisal

When appraising a commercial property a Sales Comparison could be used when the property is comparable to others that have recently sold. Even if comparable properties exist, in general, most commercial property is best valued based on the income it might generate calculating the capitalization rate.

The Investment Method involves:

  1. Calculating the annual gross income;
  2. Calculating an operating expenses;
  3. Deducting related operating expenses and deducting them from gross income to derive net income;
  4. Dividing net income by the capitalization rate.

Capitalization is an estimate of the rate of return on the investment based on an analysis of other similar commercial properties in the area.

Whether residential or commercial and regardless of the appraisal method, our highly qualified appraisers present you with a written report detailing our appraisal and summarizing our findings.


San Diego Acupuncture

san diego pain management acupuncture

Tips For Getting More From Your Acupuncture

Acupuncture is often seen as a painful process that does not really do good for the person undergoing it. Rather than operating under this assumption, learn more about it and consider it! The tips in this article will give you some idea on how and why to try out acupuncture.

You should not let acupuncture scare you. A lot of people are reluctant about using acupuncture because they do not like needles. Keep in mind that the needles are very thin and you will not feel them. You will only feel their relaxing effects on your nerve endings as your acupuncturist performs a treatment.

Since acupuncture is a form of alternative treatment, the cost is not likely to be covered by traditional insurance. Sometimes it only takes one treatment to get symptomatic relief, so the cost is not prohibitive. If several treatments are needed the cost of treatment may become too expensive to continue.

You should find out if your acupuncturist is NCCAOM certified before you set an appointment. This national board certifies practitioners that have completed a national exam and full program. It doesn’t say anything about whether their sessions are painful or not, but it does mention their educational level describing how many hours were spent in school and if they did any supervised internships at their school’s clinic.

If you’d like to get more out of your acupuncture sessions, start cleansing. A good cleanse will free your body of toxins, which means acupuncture will be more effective. During this time, you may also want to detox from substances like alcohol. Ask your acupuncturist to recommend a good detox diet.

Create a list of all medications and medical conditions you have, and bring them with you to your first acupuncture session. This will allow them to know what kinds of treatments are going to work the most effectively for you.

Be careful about what you eat or drink before an acupuncture session. If you consume something that stains your tongue, such as a piece of candy or colored drink, it’ll be difficult for your acupuncturist to get an accurate reading from your tongue. If you slip up and have something you shouldn’t have, be sure to let them know.

Instead of thinking that acupuncture will be a painful, pointless experience, think more positively! It’s easy to learn about pretty much anything in this day and age, and acupuncture is no exception. Remember the tips in this article and keep learning about it to see if acupuncture is right for you!


San Diego Solar

San Diego Solar

Turn the Sun into Power. Its really amazing if you think about it. San Diego Solar is the place to call if you want to go solar.
There are many reasons as to why you should go solar.

The environmental aspect of going solar is one consideration. If you think about all that goes into bringing power to your house, and then compare it with creating your own power on top of your house, it makes a lot of sense.

In a traditional situation.. The power needs to be created in the first place by coal fired, or other plants. Then it has to be regulated to put on to a transmission line, then the transmission line comes all the way to your house, through other power power plants and transmission lines, then it is stepped down to go into your house.

This system is tremendously wasteful. At every step of the process more and more energy is wasted. By creating the power on your own roof, all of that transmission loss, is recaptured… saving a ton of green house gases.

Financially speaking, take a serious look at the finances of going solar. Take into consideration your current electric bill, tax incentives, and the possibility of sending power “bacK” to the utility (in certain circumstances)

If you just do the math it will most likely make you money by going solar in the long run.



Carlsbad Boot Camp

Carlsbad boot Camp

The best of the best in Carlsbad includes a company that you want to “Play” with Carlsbad boot camp is a great place to come and get fit, make friends and get some exercise out side.

Based on the old style “boot Camp” model, this company takes all levels of participants to make sure that they have a great workout (without the yelling of a traditional boot camp instructor) Although our instructors aren’t Marines, they will keep you accountable and make sure that you don’t get lazy out there.

Having a group environment to participate in can also be great. Not only do you get the change to make some new friends, but you also get a group of “buddies” that will keep you on track, accountable… and you’ll want to keep up… naturally.

So give Carlsbad Boot camp a call. They may be running some specials right now or some kind of a deal to check them out.. You never know. it might be just want you need to get you back in shape

OOOOO RAWW!!

Give Carlsbad boot Camp a Call


Appraisal San Diego

Commercial Appraisal San Diego

This is sort of unusual to have a blog post on a top ten list for San Diego about an Appraisal company. However this one is near and dear to my heart. Not only does this company do fantastic appraisal work, but they are friendly and really helped me out of a bind once. They not only know about property values and comps and cap rates and all that sort of stuff but they are actually good people also.

Commercial Appraisal can be subjective, so it is always a good idea to have a professional certified appraiser come out and give you a value on your property. They can do all sorts of appraisals.. From Property tax work, to estate planning work to a “drive by” appraisal to a full on appraisal to be used for lending purposes.

When you buy or sell a house, you’re likely to hear two terms that refer to home values: Comparative Market Analysis (CMA) and Appraisal. Learning the difference can shed some light on the San Diego real estate process:

The CMA represents a real estate professional’s view of the local housing market. The main factors in creating a CMA are the selling prices of similar homes in your vicinity. Your real estate agent can use this information to help the seller set a fair price for a home. Generally, the agent provides the CMA as a free service.

An appraisal is a different matter. A buyer will need to hire a qualified appraiser to assess the value of a home and qualify for a loan. The appraiser uses established industry standards to determine the value for the seller’s property. Lenders use the appraisal as part of the mortgage approval process.

In simple terms, sellers can use CMA to help set an asking price. Buyers need an appraisal for lenders to authorize a loan. Depending on demand for housing, the actual asking price, the home’s CMA value and the appraisal value may vary quite a bit



San Diego Foundation Repair

San Diego Foundation Repair

We’ve all heard the saying before… You must build a solid foundation… Well that couldn’t be more true than with your house. The problem is that he ground that the house is on may grow weaker, or may actually move due to earthquake, flood, etc.

So it happens that from time to time you may find yourself in need of a foundation repair specialist to come out to your property and survey the situation. If need be they may need to actualy do some repairs to the foundation itself.

New technologies and materials makes this less expensive than what most people think. The best idea is always have a professional come out and get an expert opinion.

ry and clay soil gets even drier during droughts and the lack of moisture is causing an excess of problems.

“It was pretty obvious when someone walked into the room that there was a problem,” said resident Cindy Geir.”The door was just hard to open and close, and some of the windows wouldn’t open anymore.”

Small cracks and other problems inside the home can mean some major repairs outside.

The foundation in Cindy Geir’s home sank up to three inches.

While it may seem like a small amount, the price tag for fixing the problem isn’t.

“You’re probably in the $5,000 range and up,” said Mark Phillips of Arrow Foundation Repair.

“Because the drought has really just continued,” he said. “It’s really been like this the last two years, just because we haven’t had a lot of moisture, and that includes snow, so therefore, the ground is still pretty dry.”

When it’s this dry, soil pulls away from the foundation and causes the home to lose stability and sink.

While some experts recommend watering around the foundation to help prevent it from happening, it won’t take care of all of the problems.