Beverly Hills is a city in the western part of Los Angeles County, California, United States. Beverly Hills and the neighboring city of West Hollywood are together entirely surrounded by the city of Los Angeles. The area's "Platinum Triangle" of wealthy neighborhoods is formed by Beverly Hills and the Los Angeles neighborhoods of Bel Air and Holmby Hills. The population was 34,980 as of the 2006 census. Beverly Hills is home to countless Hollywood celebrities, corporate executives, and numerous other wealthy individuals and families. Beverly Hills is bordered on the north by Bel-Air and the Santa Monica Mountains, on the east by West Hollywood, the Carthay neighborhood of Los Angeles, and the Fairfax District of Los Angeles, and on the south by the Beverlywood. Beverly Hills contains some of the largest homes in Los Angeles County and in the nation. In 2007, Coldwell Banker lists Beverly Hills as the most expensive housing market (second year in a row) in the United States, with a median home price of over $2.2 million. These homes range from the extravagant and luxurious in size, to the more elegant and modern homes, and then to the many small duplex rental units and detached homes with less than 2,000 sq ft (280 sq meters).

What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in California

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...