What is an EDD Audit? Businesses that go through EDD audits sometimes don’t understand the process. Where am I? What are my rights? What can I do if I don’t agree with the bill? A quick overview of the EDD processes is you generally start by receiving a pre-audit questionnaire and an inquiry of records […]
Read More + 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 […]
Read More + Eligibility for Coronavirus Tax Relief Coronavirus (COVID-19) is affecting every person, from the economy, to business, health and social practices. Tax season is also affected with filing and payment deadlines being delayed federally and in many states. The federal government has authorized monetary help in the form of the $2 trillion Coronavirus Aid, Relief, and […]
Read More + The Four Types of IRS Audits *The following article was updated in March 2024* IRS audits can be a scary thing for some business owners. There are generally four different types of IRS audits: correspondence audits, office audits, field audits, and program audits. An IRS correspondence audit is exactly that; you receive a letter […]
Read More + 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 […]
Read More + 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 […]
Read More + 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 […]
Read More + 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. […]
Read More + 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, […]
Read More + 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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