Independent Contractors vs. Employees: What California’s New Law Means for Your Business

Categories: California Tax Law

California road scenery.

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...

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How Do I Handle an IRS Audit?

Categories: IRS

IRS audit

How Do I Handle an IRS Audit? *The following article was updated in March 2024* There are few things that provoke such fear in a person than receiving an audit notice from the Internal Revenue Service (IRS). While getting audited can be a scary prospect, it doesn’t mean you necessarily have to face major financial...

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Can the Voluntary Classification Settlement Program Help Me Avoid an IRS Audit?

Categories: California Tax Law

lawyer with strategies

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...

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I Got Hit with an IRS Audit. What Should I Do?

Categories: IRS

An auditor ready to help

I Got Hit with an IRS Audit. What Should I Do? *The following article was updated in March 2024* Have you received a notice from the Internal Revenue Service (IRS) stating that you’re being audited? You’re not alone. Many California taxpayers go through the IRS audit process at some point. The first thing to understand...

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Why is the IRS Auditing Me?

Categories: IRS

Lawyer with question for an audit.

Why is the IRS Auditing Me? *The following article was updated in March 2024* Very few things spark fear in a person more than the receiving a notice from the Internal Revenue Services (IRS) that says you’re being audited. While being audited is a scary prospect, it’s actually a common practice and really just a...

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Can I Settle With the IRS Because I Can’t Afford to Pay Them?

Categories: IRS

Income tax file forms.

Can I Settle With the IRS Because I Can’t Afford to Pay Them? *The following article was updated in March 2024* There’s not a lot scarier than owing money to the Internal Revenue Service (IRS). But the reality is most taxpayers will end up owing money to the IRS at some point in their life....

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How do I Handle an FTB Audit and Protest?

Categories: California Tax Law

CA flag

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,...

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California Payroll and Tax Requirements for Businesses

Categories: California Tax Law

Payroll in California.

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...

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Help! I Got an IRS Audit Notice

Categories: IRS

Help! I Got an IRS Audit Notice *The following article was updated in March 2024* An IRS audit can be a scary thing. When you receive an IRS audit notice, depending on the type of audit, it’s important to read the notice. It’s important to understand exactly what the IRS is looking at. Generally speaking,...

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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...

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