Have You Received an ERC Letter from the IRS? Learn More or Contact Us
Categories: IRS
What is the Role of an IRS Auditor? When the words “IRS auditor” are mentioned, so many people conjure up an image of an individual sitting amongst stacks of paperwork with intense scrutiny and big red AUDIT stamps. While audits can be nerve-wracking, understanding the role of an IRS auditor can help put your mind...
Categories: IRS
Spotting ERC Scams: Warning Signs and Red Flags You Need to Know During the years of the COVID-19 pandemic, the government tried to incentivize businesses to continue paying their employees by providing the Employee Retention Credit (ERC). This was part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The ERC was a refundable...
Categories: California Tax Law
What Should I Do if I Get Hit With an EDD Audit? *The following article was updated in February 2022* If you’re a business owner and taxpayer in California, you may have heard the term EDD audit recently. Or perhaps you’ve faced this tax audit first-hand. If you’re not familiar with the term, an EDD...
Categories: IRS
Can the IRS Audit a Dissolved Business? I’m often asked by business owners whether the IRS can audit a business once it’s closed or dissolved. Like with many tax law questions, the answer is: A business can be audited after it closes because audits, tax returns, and claims often occur after the business has dissolved....
Categories: California Tax Law
Voluntary Plan for Disability Insurance (VDPI) *The following article was updated in February 2022* When it comes to California tax returns, there are a lot of questions about what expenses are deductible and what are not. One area that is often asked about is the Voluntary Plan for Disability Insurance (VDPI). Let’s look at what...
Categories: California Tax Law
What is SDI & Is SDI Taxable in California? *The following article was updated in March 2024* If you’re a business owner in the state of California, there are several taxes and regulations that need your attention. It’s critical that you pay attention to the rules and comply with the taxing agencies, or you may...
Categories: California Tax Law
Does California Tax Social Security? I often receive questions about social security benefits and whether it is considered taxable income, especially by the state of California. The answer is: it depends. Social Security benefits, including survivor and disability benefits, are not taxed in California. However, under federal law, some of your Social Security income might...
Categories: IRS
Records Needed for an IRS Audit in California The words “IRS audit” are enough to trigger panic in any San Francisco taxpayer. While the prospect of an audit can be scary, audits are actually very common and not, necessarily, a reason to panic — especially when you have all the proper records and documentation in...
Categories: IRS
Is Your Side Hustle a Hobby or Business? It’s so common these days for people to have a side hustle in addition to their regular job or business. And why not? A side hustle offers a great way to earn some additional income. That being said, a side hustle is sometimes less than an income...
Categories: IRS
What Triggers an IRS Audit in California? As a tax attorney, I can think of no other than these two words that invoke fear in the hearts of people: IRS audit. After all, nobody wants to receive a letter from the Internal Revenue Service (IRS) stating their tax returns and financial matters are being investigated....
