These days, it seems like the only letters that come via U.S. mail are junk flyers and credit card offers. That being said, there is one agency that still sends important information via hard copy mail and that’s the Internal Revenue Service (IRS). More often than not, letters or notices sent to you by the […]
Read More + There has been so much news about the rising costs of tariffs and trade policy changes over the last few years. While tariffs may seem like just a customs issue to many taxpayers, they can directly affect California sales and use tax compliance. This is because tariffs change the cost basis and sales tax calculations. […]
Read More + Last year, President Trump signed into law his new One Big Beautiful Bill and many taxpayers are taking advantage of the benefits of that bill during this 2026 tax season. There has been a lot of excitement about many of the expanded and new deductions, as well as how it can potentially save taxpayers money. […]
Read More + There is a documented uptick in EDD audits from California’s Employment Development Department (EDD). An EDD audit is focused on reclassifying independent contractors to employees and includes a review of business records for the past three years, specifically records with special interest on documentation about your employees and independent contractors. For many California businesses, an […]
Read More + When it comes to tax audits, the IRS is not the only organization that conducts tax audits. The California Department of Tax and Fee Administration (CDTFA) focuses on sales tax audits among California residents and tax payers. The agency is responsible for administering sales and use taxes, and they use their audits to verify that […]
Read More + Cryptocurrency, or “crypto” as it’s often called, has transformed the financial landscape. Crypto is a digital currency, meaning it runs on a virtual network and does not exist in physical form like cash or coins. Bitcoin is an example of cryptocurrency. While crypto has opened up opportunities in the financial landscape, it has also created […]
Read More + Ecommerce has grown at a substantial rate over the last several years; specifically post-pandemic. With that growth comes new opportunities for business. But, it also comes with increased scrutiny from state tax authorities. In California, that tax authority is the California Department of Tax and Fee Administration (CDTFA), which has stepped up enforcement efforts to […]
Read More + Remote work has been on the rise ever since 2020 and the COVID pandemic. Many individuals went back to an office after it was deemed safe to do so, others took their employment virtual and remained remote workers. While many employees now work from anywhere, California has not relaxed its residency rules. In fact, California […]
Read More + An IRS audit is never something people want to go through. Even the simplest of audits can cause anxiety for taxpayers and business owners. One of the more frequent questions I receive from taxpayers who go through IRS audits is what they can do to challenge the audit findings. Perhaps you disagree with the finding […]
Read More + It’s not uncommon for taxpayers to reach out to me asking whether they are filing their California tax return correctly, especially when it comes to deductions. Many people assume that because they filed their federal tax return with no problems that their California tax will be the same. That’s not necessarily the case. Filing a […]
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