Paul Martin Vargas

I am a licensed tax attorney with an advanced degree in tax law. I have been practicing for over 16 years. I practice tax planning, international tax planning, estate and gift tax, tax controversy, corporation transactional law, and mergers and acquisitions.

Loyola Marymount Univ

Undergraduate Degree

Western Michigan University Cooley Law School

Law Degree

Honors: Cum Laude

Activities: Law Review

Loyola Law School, Los Angeles

LL.M. | Taxation

2008 - 2010

Honors: Honors

California State Bar  # 236591

Member

2005 - Current

California

Since 2005

• Free Consultation
  I give a free phone consultation
• Credit Cards Accepted
• Rates, Retainers and Additional Information
  We provide flat fee arrangements and hourly billing. We also will accept payment plans.

Q. if my parents owe taxes can they file now and don't have to pay until july 15?

April 15, 2020

A: Hi. Yes, they can file now and wait until July 15 to pay what is owed on the return.

Q. Hello, I would like you to further explain and dissect the "Wholesale cost” definition whether it is less ambiguous.

April 15, 2020

A: Hi. The wholesale cost is the cost of the product at a price when sold in bulk, which more often than not is cheaper than the retail price. The cost is usually the price charged from vendor to vendor. Retail price is vendor/retailer to consumer. I hope I am answering your question.

Q. MY dad used me as a dependent for 2018,and he is not going to use me as a dependent 2019,can I qualify for stimulus 2020

April 13, 2020

A: Hi. You can file 2019 tax return not as anyone's dependent assuming your father did not already file with you as a dependent. You "should" be able to get the stimulus if you meet the qualifications. If you are willing, you can also include your bank account information on the return as it has been said (while not sure if it is 100% fact) that taxpayers receive their stimulus checks faster with direct deposit.