Categories: California Tax Law
California, with its near-perfect weather and proximity to the Pacific Ocean, is one of the most desirable places to live in the United States. But with the promises of California gold also brings an expensive cost of living and high income tax. The Golden State’s highest individual income tax rate of 9.3%. While California is…
Categories: California Tax Law
You’ve gone through the process of an EDD audit and now you owe the state of California money. Like many business owners and taxpayers, you may be wondering how to pay those penalties. The EDD works through the Central Collections Division to notify you as to how much you owe and when it’s due. Generally,…
Categories: General Information
Friends of Balboa Park is pleased to welcome the newest addition to our Board of Directors, Allison Soares. Allison is the COO and Tax Partner at San Diego law firm Vanst Law. She іѕ also аn adjunct рrоfеѕѕоr аt Sаn Diego Stаtе Unіvеrѕіtу, tеасhing tаx prосеdurеѕ, prасtісе аnd ethics at SDSU’s Chаrlеѕ W. Lаmdеn School…
Categories: California Tax Law
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), the statewide agency that determines the state income tax for businesses and individuals. Like the IRS, the FTB may choose to audit your personal and business…
Categories: California Tax Law
One of the big red flags that can trigger an EDD audit is when a former worker files for unemployment. This type of audit occurs when the California Employment Development Department (EDD) determines that a business has classified a worker as an independent contractor instead of an employee. You may have always seen that individual…
Categories: Federal Tax
For many individuals, April 15 tends to be as big of a day on the calendar as New Year’s Day or Independence Day. The national tax filing deadline means that your taxes must be filed and fees paid on or by April 15 to avoid penalties. With the passage of the Trump Tax Reform Plan…
Categories: Federal Tax
Tax season is upon us, and there are few things that create more stress than owing the Internal Revenue Services (IRS) money. Unfortunately for many taxpayers, owing money on taxes is a reality of life. But what happens when you owe the IRS money, but don’t have the full amount to make the payment by…
Categories: California Tax Law
One of the most common questions I receive is how can California business owners and taxpayers appeal an EDD audit assessment. It’s a great question, and one that should be addressed with an experienced tax attorney. Before I share the steps you can take to appeal the assessment, let me briefly explain the term itself….
Categories: Federal Tax
There’s been a change in how states are collecting sales tax from online purchases. If you’re a taxpayer and have ordered anything online – which is pretty much all of us – then you need to be aware of this sales tax law and how it affects you. In 2018, the United States Supreme Court…
Categories: California Tax Law
One of the biggest issues facing California 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 an employee. This means the EDD can personally assess…
