Jaspreet Singh Hundal

Jaspreet Singh Hundal

Family Law Attorney and Owner at Hundal Family Law
  • Divorce, Family Law
  • California
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Claimed Lawyer ProfileQ&A
Biography

Jaspreet Hundal is a premier Family Law Attorney and Owner at Hundal Family Law. His practice is limited to Family Law, including divorce, child custody, child support, spousal support, property division and domestic violence. He is known for his unique ability to settle basic to complex cases in Solano, Yolo, Sacramento, Placer, and Sutter County. He is a fierce and balanced litigator focusing on helping families have a way of life.

Practice Areas
Divorce
Contested Divorce, Military Divorce, Property Division, Same Sex Divorce, Spousal Support & Alimony, Uncontested Divorce
Family Law
Child Custody, Child Support, Father's Rights, Paternity, Prenups & Marital Agreements, Restraining Orders, Same Sex Family Law
Fees
  • Credit Cards Accepted
Jurisdictions Admitted to Practice
California
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Languages
  • English: Spoken, Written
  • Punjabi: Spoken
Education
University of California - Davis
B.A. | Political Science
University of California - Davis Logo
University of the Pacific, McGeorge School of Law
J.D. (2015) | Tax & Business Law
Honors: Cum Laude Deans' Honors (2013; 2014; 2015) Witkin Award - Taxation of Corporations Witkin Award - Taxation of Real Property Witkin Award - Taxation of International Transactions
University of the Pacific, McGeorge School of Law Logo
Awards
Clients Choice Award
AVVO
Witkin Award - Taxation of Real Estate Transactions
University of the Pacific, McGeorge School of Law
Witkin Award - Taxation of International Transactions
University of the Pacific, McGeorge School of Law
Honoree For Academic Scholarship
Chief Justice Traynor Honor Society
Graduated With Distinction (Top 20%)
University of the Pacific, McGeorge School of Law
Witkin Award - Taxation of Corporations
University of the Pacific, McGeorge School of Law
Top Ten Oral Appellate Advocate
University of the Pacific, McGeorge School of Law
Magna Cum Laude - Top 10%
UC Davis
Deans' Honors - 2013; 2014; 2015
University of the Pacific, McGeorge School of Law
Deans' Academic Scholarship - 2014; 2015
University of the Pacific, McGeorge School of Law
Professional Associations
Association of Certified Family Law Specialist
Member
- Current
Activities: Member.
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California Lawyers Association - Family Law Section
Member
- Current
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Sacramento County Bar Association
Member
- Current
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State Bar of California  # 310885
Member
- Current
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Certifications
Certified Mediator
University of the Pacific, McGeorge School of Law
Websites & Blogs
Website
Hundal Family Law
Legal Answers
1 Questions Answered
Q. I'm a partner in a busines in CA and I need help with a question related to the personal income tax for profits didntget
A: This can be a confusing issue for many taxpayers who are partners in a partnership. As a partner, you will report your share of income that is listed on your K-1. With partnerships, you are taxable on your share of income regardless of whether or not you received a distribution. The tax laws with respect to partnerships distinguish between "allocations" and "distributions."

As a partner, you are "allocated" your share of partnership income. You will be taxed on this amount even if the partnership does not "distribute" those funds to you. This presents the often confusing result of being taxed on money that you never "actually" received.



You did mention that you are leaving the company. This has many tax consequences that beyond that scope of what can be accurately discussed on this post.

Finally, please do not take this as definitive legal advice. This is a general outlay of how the partnership code works with respect to the specific issue of being taxed on your allocable share of income that you never received a distribution of.
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Contact & Map
Hundal Family Law
331 J St Ste. 200
Sacramento, CA 95814
Telephone: (916) 864-3944
Monday: 8:30 AM - 5 PM
Tuesday: 8:30 AM - 5 PM
Wednesday: 8:30 AM - 5 PM
Thursday: 8:30 AM - 5 PM
Friday: 8:30 AM - 5 PM (Today)
Saturday: Closed
Sunday: Closed
Notice: Available after hours upon request.