Categories: California Tax Law
What Happens if I Receive an Inquiry of Record Notice? One of the most common audit calls I receive is from businesses who get an inquiry of record notice, or a pre-audit questionnaire. The EDD is going to audit you for three years. What they want to do is they’re looking for the independent contractors...
Categories: General Information
The Two Sides of the Taxing Agencies There are two different sides to every taxing agency. There’s the assessment side and the collection side. On the assessment side, when you file a tax return, you’re self assessing yourself. You’re saying, hey, government, I owe you $10. You can also be assessed by going through an...
Categories: California Tax Law
What is a California Residency Audit? Recently, I’ve gotten a lot of phone calls from people wanting to leave California. They don’t want to deal with the taxes or the regulation. And people call and want to know about residency audits. The State of California has three classifications for an individual: you’re a resident, you’re...
Categories: IRS
Understanding IRS International Compliance: The Streamline Program Understanding the IRS international compliance problems can be daunting. Some people are born in another country, have family members in another country, somebody passes away. Now they have a bank account or a piece of property that’s in their name. There are certain requirements when you file your...
Categories: California Tax Law
Help! My Dental Office Received an EDD Audit I’ve received a lot of calls from California dental practices that are facing an EDD audit. If you’re a dentist or dental office, and if you’ve ever hired an independent contractor, you may want to familiarize your practice with the EDD audit. These California Employment Development Department (EDD)...
Categories: California Tax Law
Do I Have to Pay California Income Tax If I’m Moving? Most people don’t want to pay California taxes. They end up contacting me because they are going to move to Florid, Texas or Nevada. I warn them to make sure they actually decided to relocate, move their family, move their house, move their driver’s...
Categories: IRS
Will the Government Think I’m Guilty if I Hire a Tax Attorney? One of the most common questions I get when someone reaches out to me for help is will the government agent, or agency, think I’m guilty because I hired a tax attorney? Will they think I’m hiding something or trying to run away...
Categories: California Tax Law
What Happens if You Receive an EDD Audit Notice? Receiving an EDD audit notice can be a scary thing. The reason why you need to take it so seriously is because there’s a potential personal liability. When you go through an EDD audit, the EDD is generally looking to reclassify workers. You have paid somebody...
Categories: IRS
Do These 4 Things Now to Make Filing Taxes in 2021 a Simple Process It’s not quite the end of 2020 and tax season may seem like quite a way off. However, there are things you can do now to prepare to file taxes in 2021. Taking an hour or two when your business has...
Categories: IRS
How Do I Avoid an IRS Audit in 2021? No business owner or individual wants to deal with an IRS tax audit. As the year comes to a close, it’s a good time to review your financial records as you prepare to close out 2020 and file taxes early next year. Here are five things...
