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Categories: California Tax Law
What is the EDD Pre-Audit Questionnaire? *The following article was updated in March 2024* When a business goes through an EDD audit, it generally starts with a pre-audit questionnaire. You receive an inquiry of records notice and attach to it as this pre-audit questionnaire. You will complete this documentation and send it back to the...
Categories: California Tax Law
What are the California EDD and CDTFA Departments? *The following article was updated in March 2024* In the state of California, we have a sales tax department and a payroll tax department, thee EDD and the CDTFA. These agencies are so important to explain to business owners, how serious these audits can be. If you...
Categories: California Tax Law
Coronavirus (COVID-19): How It Affects Taxes Everyone is affected by the Coronavirus (COVID-19) pandemic in this very uncertain time. From social distancing to quarantined living, our daily lives have changed for the foreseeable future. Tax season is also affected with filing and payment deadlines being delayed federally and in many states. Here’s a look at...
Categories: California Tax Law
Independent Contractors vs. Employees: What California’s New Law Means for Your Business *The following article was updated in March 2024* California’s new law, Assembly Bill (AB) 5, went into effect on January 1 of this year, and it’s already raised several questions for both companies and independent contractors about what it means for their future...
Categories: California Tax Law
Can the Voluntary Classification Settlement Program Help Me Avoid an IRS Audit? *The following article was updated in March 2024* If you’re a California taxpayer and business owner, chances are you’ve heard of the EDD audit. This occurs when the California Employment Development Department (EDD) launches an investigation into a business’ California state payroll tax...
Categories: California Tax Law
How do I Handle an FTB Audit and Protest? *The following article was updated in March 2024* If you’re a California resident or taxpayer, you’ve likely owed money to the Franchise Tax Board (FTB) at some point in your life. The job of the FTB is to administer the California Revenue and Taxation Code. Essentially,...
Categories: California Tax Law
California Payroll and Tax Requirements for Businesses *The following article was updated in March 2024* If you’re a business in California, be prepared to comply with state payroll and tax requirements. Businesses with one or more employees need to follow specific guidelines set forth by the Employment Development Department (EDD) to assure they’re complying with...
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
Make Sure You Know the Three California Tax Agencies *The following article was updated in March 2024* In the state of California, there are three separate taxing agencies. This is unbelievable. In Wisconsin, there’s the Wisconsin Department of Revenue. In New York, it’s the New York Department of Revenue. Most other states have one agency...
Categories: California Tax Law
What Should I Expect from a Franchise Tax Board Audit? *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), the statewide agency that determines the state income...
