How to Apply for IRS Fresh Start Program I receive so many calls from taxpayers and San Francisco small business owners who are overwhelmed with tax debt. If that’s you, know that you’re not alone. Luckily, the Internal Revenue Service (IRS) has a program that may help individuals with tax burdens. The IRS Fresh Start […]
Read More + If you think the only tax audit that your business will face is from the IRS, think again! The California Department of Tax and Fee Administration (CDTFA) is known for its distinctive sales tax audits. The CDTFA generally reviews retailers who sell items at a retail price and the tax calculation is based on the […]
Read More + Why Should You Have Concerns about a California State Payroll Tax Audit? Most taxpayers and business owners do not know that they can be held personally liable for the payroll taxes of their business, even if it is a separate corporation. The EDD handles audits and collection of payroll taxes and maintains employment records for […]
Read More + How Do I Avoid an IRS Audit New Year? No business owner or individual wants to deal with an IRS tax audit. As we make our way into the last few months of the year, it’s a good time to review your financial records as you prepare to close out 2024 and file taxes early […]
Read More + Should I be Worried About a CDTFA Audit? If you’re a business owner in California, you should be familiar with the CDTFA. The California Department of Tax and Fee Administration (CDTFA) is responsible for administering sales and use taxes, among other taxes and fees, which are vital to the state’s economy. The CDTFA focuses on […]
Read More + What is the IRS Whistleblower Office? Did you know the Internal Revenue Services (IRS) has an actual Whistleblower Office? That’s right, the official Whistleblower Office is dedicated to acknowledging the important role whistleblowers play in supporting the country’s tax administration. Since it handed out its first award in 2007 to 2024, the Whistleblower Office has […]
Read More + I Owe the IRS Money and Need a Payment Plan 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 happens when you owe the IRS money, but don’t have the full amount to […]
Read More + Assessment vs Collections: What’s the Difference? Many successful business owners, attorneys, doctors, accountants have called me and said “money has just been taken from my business account and I don’t know what’s going on.” This is one of the biggest issues business owners and taxpayers have when confronted by a tax agency. Sometimes it is […]
Read More + Why Should I Care About an EDD Audit? Did you know that as a business owner, you can be held personally liable for payroll taxes of workers you consider to be independent contractors? That’s right! If you’re a San Francisco business owner and you’ve ever hired an independent contractor, you may want to familiarize your […]
Read More + Complete guide to California payroll and tax requirements for businesses. Learn about EDD registration, four essential state payroll taxes, filing deadlines, and employee payment compliance rules. 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 […]
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