What Should I Do if I Get Hit With an EDD Audit?

Categories: California Tax Law

calculator-1044173_960_720

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...

Read More

Is VPDI Deductible on Schedule A of a Tax Return?

Categories: California Tax Law

Tax return caclculation

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...

Read More

What is SDI?

Categories: California Tax Law

Calculation for an SDI.

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...

Read More

Does California Tax Social Security?

Categories: California Tax Law

Social Security Card

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...

Read More

California Tax-Sharing Transparency Bill Would Benefit Everyone

Categories: California Tax Law

California Tax-Sharing Transparency Bill Would Benefit Everyone California residents should know how much of their tax dollars are going to big-box retailers, local businesses, and the consultants who broker revenue-sharing deals with cities. That’s why a bill moving through the state legislature is such welcome news. In my latest article for Bloomberg Tax, Lauren Suarez and...

Read More

Taxpayer Advocate Services: How They Can Help with an EDD Issue

Categories: California Tax Law

Taxpayer Advocate Services: How They Can Help with an EDD Issue I work with many San Francisco business owners and taxpayers who are either having issues with the Employment Development Department (EDD) or facing an EDD audit. If you receive an Inquiry Regarding Records notice from the EDD, your business has been selected for an...

Read More

5 More Misconceptions about the EDD

Categories: California Tax Law

5 More Misconceptions about the EDD Recently, I shared with you five misconceptions about the California Employment Development Department (EDD) and whether workers are considered employees. The EDD conducts California state payroll tax audits (commonly referred to as an EDD audit) when a San Francisco business has classified a worker as an independent contractor instead...

Read More

Just the Facts: 5 Common EDD Misconceptions

Categories: California Tax Law

Just the Facts: 5 Common EDD Misconceptions The California Employment Development Department (EDD) conducts California state payroll tax audits (commonly referred to as an EDD audit) when a business has classified a worker as an independent contractor instead of an employee. This means the EDD can personally assess the San Francisco business owner for “unpaid”...

Read More

Are You Eligible for the California In-State Voluntary Disclosure Program?

Categories: California Tax Law

Are You Eligible for the California In-State Voluntary Disclosure Program? California has three different taxing agencies: California Department of Tax and Fee Administration (CDTFA), the Employment Development Department (EDD) and the Franchise Tax Board (FTB). If you are a San Francisco business owner in California, you must understand each agency and what taxes you need...

Read More

What Happens After Winning An EDD Audit

Categories: California Tax Law

What Happens After Winning An EDD Audit? Facing an Employment Development Department (EDD) audit can be a nerve-wracking experience for both the taxpayer and San Francisco business owner. The audit process involves a thorough look of your financial records, tax payments and employee records. So when the EDD audit is complete and you’ve successfully won...

Read More