Categories: California Tax Law
How Does the California EDD Know if You’re an Employee or Independent Contractor? One of the biggest issues facing California 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 when a business has classified a worker as an…
Categories: Federal Tax
Help! What Do I Do If the IRS is Auditing Me for Underreported My Income? Tax season is officially upon us! It’s this time of year that I often receive panicked questions from clients telling me they’re being audited by the Internal Revenue Service (IRS) because they underreported their income. This is never a fun…
Categories: California Tax Law
How Do I Fill out an EDD Audit Questionnaire? One of the first things I hear from California business owners and taxpayers who are facing an EDD audit is this: “I just received an EDD audit questionnaire. How do I fill this out?” If you find yourself saying this, you’re not alone. If you’re not…
Categories: California Tax Law
Should I Hire a Tax Attorney or an Accountant for a Tax Audit? This is a common question that taxpayers have, and one I receive frequently if someone is facing a tax audit. Given that most people use a Certified Public Accountant (CPA) for tax preparation, you may assume that individual is the best person…
Categories: California Tax Law
What Should I Do if I Get Hit With an EDD Audit? If you’re a business owner and taxpayer in California, you may have heard the term EDD audit recently. Or perhaps you’ve faced this tax audit first-hand. If you’re not familiar with the term, an EDD audit occurs when the California Employment Development Department…
Categories: California Tax Law
What is an EDD Audit and Why Should I Care About It? Most taxpayers and business owners are unaware they can be held personally liable for payroll taxes of workers they consider to be independent contractors. Because of a recent case ruling – Dynamex Operations West, Inc. v. Superior Court of Los Angeles – the…
Categories: California Tax Law
5 things to remember when you are working with an IRS Agent? IRS employees are overworked and most of the time underpaid. They have a very difficult job and there are some simple ways that you can have a successful result when dealing with them. Be nice. IRS agents have horrendous jobs and have to…
Categories: California Tax Law
What every business owner needs to know when they are working with an EDD agent “I am working with an EDD agent, how was my bank account levied?” This is a very common question taxpayers have when they reach out for advice. California state employees are overworked and most of the time underpaid. EDD audits…
Categories: California Tax Law
Assessment vs Collections Understanding the Two Sides of Taxing Agencies 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…
Categories: Payroll Tax
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…
