Frequently Asked Questions

TAX AGENCY FREQUENTLY ASKED QUESTION SITES
IRS Frequently Asked Questions  This is a VERY large and well-organized site.
California Franchise Tax Board – Individuals
California Franchise Tax Board – Businesses
RECORDS RETENTION SCHEDULE
Sorted by type of record
Sorted by life
AUTOMOBILE EXPENSES – STANDARD MILEAGE RATES
For business use
For medical and moving transportation
For charitable work
PER DIEM EXPENSE RATE INFORMATION
US Government per diem rates, deemed substantiation of amounts
ALTERNATIVE MINIMUM TAX (AMT)
AMT, What is it?
IRS provides an “AMT Assistant” for individuals
UNCLAIMED PROPERTY
Is there unclaimed property belonging to you?  Find out here.
The State collects unclaimed property.  Find out what must your business must do if you are unable to deliver refunds, payroll checks, etc.
WHAT ARE “HEALTH SAVINGS ACCOUNTS”?
HSAcenter.com has lots of information on HSAs  (note: California does not currently recognize HSAs)
SHOULD YOU SELL OR DONATE YOUR OLD CAR?
An explanation
IRS Publication 4303 – A Donor’s Guide to Car Donations
IRS Publication 4302 – A Charity’s Guide to Car Donations
IRS explanation Pub 561 – donating a used car