When Do You Report Your Gambling Winnings?
July 19, 2023
Summertime is here, and you are planning a nice getaway long weekend in Las Vegas. Great pools, entertainment, a foodie paradise, and some gambling. What is not to love?
Like-Kind Exchanges for Out-of-State Property
July 10, 2023
You may have read our blog on Building Wealth Utilizing 1031 Exchange, where we discuss the options available to investors when they have a like-kind exchange of property in California. But if you are considering purchasing an investment property in another state, you will need to understand how it will impact your taxes.
July 03, 2023
We were grateful for the news that Cambaliza McGee LLP was named one of Orange County Business Journals' Best Places to Work in 2023. It is an exciting feeling to see how our business has grown and made an impact on our clients and particularly our precious employees.
Thinking of Selling Your Medical or Dental Practice? Start Preparing Now.
March 17, 2023
Running a successful medical practice goes beyond obtaining your medical degree. Doctors, dentists, and optometrists have worked hard to get where they are today.
March 06, 2023
If you have been paying attention over the last few years, you know that Cryptocurrency, stablecoins, and non-fungible tokens (NFTs) have piqued interest from several investment companies, day traders, and of course, the IRS. The buzz surrounding these new currencies with their celebrity spokespeople has been unavoidable.
Building Wealth Utilizing 1031 Exchange
March 01, 2023
There are several reasons real estate investors use 1031 Exchanges. As a business property, real estate investment is a path to defer taxes and an opportunity to build wealth to pass down to the next generation. Everyone has different needs. How do you know if a 1031 exchange is suitable for you?