Why Should I Care About an EDD Audit?

August 7, 2024 California Tax Law
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 practice with the EDD audit. These California Employment […]
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California Payroll and Tax Requirements for Businesses – Complete Guide 2025

July 12, 2024 California Tax Law
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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How do I Handle an FTB Audit and Protest?

July 10, 2024 California Tax Law
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, the FTB collects the tax money you owe to the state of California. The FTB also conducts […]
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What is the Role of an IRS Auditor?

July 9, 2024 IRS
When the words “IRS auditor” are mentioned, so many people conjure up an image of an individual sitting amongst stacks of paperwork with intense scrutiny and big red AUDIT stamps. While audits can be nerve-wracking, understanding the role of an IRS auditor can help put your mind at ease about the process and provide clarity […]
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Spotting ERC Scams: Warning Signs and Red Flags You Need to Know

July 1, 2024 IRS
During the years of the COVID-19 pandemic, the government tried to incentivize businesses to continue paying their employees by providing the Employee Retention Credit (ERC). This was part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The ERC was a  refundable tax credit and offered to eligible businesses that continued paying their employees […]
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5 Red Flags That May Trigger an IRS Audit

June 27, 2024 IRS
The word “audit” is sure to strike fear in most individual taxpayers and business owners. After all, nobody wants to receive a letter from the Internal Revenue Service (IRS) stating their tax returns and financial matters are being investigated. While you can’t predict exactly when the IRS will decide it wants to audit you, there […]
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Make Sure You Know the Three California Tax Agencies

June 25, 2024 California Tax Law
Many people find it hard to believe that, in the state of California, there are three separate taxing agencies. 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 that handles their taxation. In the state of California, we have three […]
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Does California Tax Social Security?

June 25, 2024 California Tax Law
I often receive questions about social security benefits and whether it is considered taxable income, especially by the state of California. The answer is: it depends. Social Security benefits, including survivor and disability benefits, are not taxed in California. Social Security benefits, including retirement, survivor, and disability benefits, are not subject to California state income […]
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Records Needed for an IRS Audit in California

June 24, 2024 IRS
The words “IRS audit” are enough to trigger panic in any San Francisco taxpayer. While the prospect of an audit can be scary, audits are actually very common and not, necessarily, a reason to panic — especially when you have all the proper records and documentation in place. Let’s look at the records and documents […]
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Is Your Side Hustle a Hobby or Business? 

June 11, 2024 IRS
It’s so common these days for people to have a side hustle in addition to their regular job or business. And why not? A side hustle offers a great way to earn some additional income. That being said, a side hustle is sometimes less than an income source and more of a hobby. San Francisco […]
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