*The following article was updated in March 2024* People typically associate the words “tax audit” with the Internal Revenue Service and the federal government. However, California taxpayers can also be audited by the Franchise Tax Board (FTB). You might be wondering, what is the Franchise Tax Board (FTB)? It’s the state agency responsible for administering […]
Read More + The IRS is very concerned about payroll taxes. They want to make sure if you are an employee working for a company, that the employer is withholding your payroll taxes and paying them over to the government. So one of the issues businesses have when they are going through a difficult time is they may […]
Read More + *The following article was updated in March 2024* One of the biggest issues facing San Francisco business owners and taxpayers this year is whether they will be faced with an EDD audit. These California Employment Development Department (EDD) state payroll audits occur when a business has classified a worker as an independent contractor instead of […]
Read More + *The following article was updated in March 2024* Most taxpayers and business owners are unaware they can be held personally liable for payroll taxes of workers they consider to be independent contractors. Because of a recent case ruling – Dynamex Operations West, Inc. v. Superior Court of Los Angeles – the California Employment Development Department […]
Read More + *The following article was updated in March 2024* Most business owners do not realize that when you do business in California, you have to deal with three separate tax agencies. If you were doing business in Wisconsin, for example, you would only be working with the Wisconsin Department of Revenue. If you were working with […]
Read More + I had a client call me last week and said, “I’d been working with the government agency and with the EDD … why would they levy my bank account?” It’s really important to understand what side of the agency you’re on. Each taxing agency has an assessment side and a collection side. The collections department […]
Read More + I really enjoy my job because I really like to help business owners. I like to help navigate the audit process. I like giving directions and guidance. I always say, “I’m not a magician.” I am there to help guide them. I’m there to help advocate and help them organize their information to make the […]
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