Make Sure You Know the Three California Tax Agencies

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...

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What Happens if I Haven’t Filed a Tax Return in Years?

Categories: Federal Tax

What Happens if I Haven’t Filed a Tax Return in Years? *The following article was updated in March 2024* I had a client call yesterday who hadn’t filed a business tax return for three years, and hadn’t filed his individual tax return for three years. This becomes overwhelming to people. What do you do? What’s...

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What Should I Expect from a Franchise Tax Board Audit?

Categories: California Tax Law

Coins for a franchise.

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...

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I Owe the IRS Money and Need a Payment Plan

Categories: Federal Tax

Dollar payment for a plan.

I Owe the IRS Money and Need a Payment Plan *The following article was updated in March 2024* 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...

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You Could Be Personally Liable for Payroll Taxes

Categories: Payroll Tax

You Could Be Personally Liable for Payroll Taxes The IRS is very concerned about payroll taxes. They want to make sure if you are an employee working for a company, that the employer is withholding your payroll taxes and paying them over to the government. So one of the issues businesses have when they are...

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Are You Aware of Changes to Your Online Sales Tax?

Categories: Federal Tax

Ecommerce

Are You Aware of Changes to Your Online Sales Tax? *The following article was updated in March 2024* 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...

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How Does the California EDD Know if You’re an Employee or Independent Contractor?

Categories: California Tax Law

Accounting

How Does the California EDD Know if You’re an Employee or Independent Contractor? *The following article was updated in March 2024* One of the biggest issues facing San Francisco 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...

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