What is the Role of an IRS Auditor?

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...

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Spotting ERC Scams: Warning Signs and Red Flags You Need to Know

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...

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Can the IRS Audit a Dissolved Business?

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....

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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...

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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...

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Records Needed for an IRS Audit in California

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...

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Is Your Side Hustle a Hobby or Business? 

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...

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What Triggers an IRS Audit in California?

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....

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The Ins and Outs of IRS Innocent Spouse Relief for California Taxpayers

Categories: IRS

The Ins and Outs of IRS Innocent Spouse Relief for California Taxpayers As a tax attorney, I’m sometimes asked about IRS Innocent Spouse Relief and what it means for California taxpayers. IRS Innocent Spouse Relief is a provision that allows a taxpayer to be relieved from joint tax liabilities if their spouse or former spouse...

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California Taxpayers Beware: Common IRS Penalties and How to Avoid Them

Categories: IRS

California Taxpayers Beware: Common IRS Penalties and How to Avoid Them Tax season is here and in full swing. For many San Francisco business owners and taxpayers, navigating the complexities of taxes can be intimidating. And it can be especially daunting knowing the Internal Revenue Service (IRS) is keeping a close eye on your compliance....

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