Thomas Henning

Thomas Henning

Allen Matkins Leck Gamble Mallory & Natsis LLP

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Good News for Taxpayers: California 1031 Exchange Decision

The California State Board of Equalization (Board) recently issued a favorable decision in an important Section 1031 exchange case. As an elected body of five members, the Board hears appeals in California tax cases where the...more

7/8/2015 - Franchise Tax Board Section 1031 Exchange State Tax Equalization Boards Tax Appeals Tenancy-in-Common

California Continues Crackdown on 1031 Exchanges

During the last several years, the California Franchise Tax Board (“FTB”) has been closely scrutinizing section 1031 exchanges, and finding section 1031 exchanges to be a fruitful area for state tax audits. While California...more

3/13/2014 - Franchise Tax Board Franchise Taxes Franchises IRS State Taxes

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