As a tax attorney, I can think of no other than these two words that invoke fear in the hearts of people: IRS audit. After all, nobody wants to receive a letter from the Internal Revenue Service (IRS) stating their tax returns and financial matters are being investigated. I receive so many questions from San […]
Read More + IRS employees are overworked and have very stressful jobs. And in most cases, IRS employees are also underpaid. Here are five simple ways you can have a successful result when dealing with the IRS. Be nice. IRS agents have horrendous jobs and have to listen to grumpy taxpayers all day long. Take some time to […]
Read More + 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 to defend you against a tax audit since they are familiar with your […]
Read More + As a tax attorney, I’m sometimes asked about IRS Innocent Spouse Relief and what it means for California taxpayers. IRS Innocent Spouse Relief is a provision that allows a taxpayer to be relieved from joint tax liabilities if their spouse or former spouse incorrectly reported items or understated taxes due on your joint tax return […]
Read More + California Tax-Sharing Transparency Bill Would Benefit Everyone California residents should know how much of their tax dollars are going to big-box retailers, local businesses, and the consultants who broker revenue-sharing deals with cities. That’s why a bill moving through the state legislature is such welcome news. In my latest article for Bloomberg Tax, Lauren Suarez and […]
Read More + For many individuals, April 15 tends to be as big of a day on the calendar as New Year’s Day or Independence Day. The national tax filing deadline means that your taxes must be filed and fees paid on or by April 15 to avoid penalties. Here are three things you can do to help […]
Read More + I work with many San Francisco business owners and taxpayers who are either having issues with the Employment Development Department (EDD) or facing an EDD audit. If you receive an Inquiry Regarding Records notice from the EDD, your business has been selected for an audit. In addition, the EDD will send your business a Pre-audit […]
Read More + Tax season is here and in full swing. For many San Francisco business owners and taxpayers, navigating the complexities of taxes can be intimidating. And it can be especially daunting knowing the Internal Revenue Service (IRS) is keeping a close eye on your compliance. Many San Francisco taxpayers and business owners end up owing the […]
Read More + What is an IRS Exam Change? At the end of an IRS audit, you will get an exam change. It is a two page form that explains exactly what the adjustments are. Most of the time, there will be additional documents on the back of the exam change. They give more of the details, but […]
Read More + In the state of California, we have a sales tax department and a payroll tax department, thee EDD and the CDTFA. These agencies are so important to explain to business owners, how serious these audits can be. If you end up owing either one of these agencies money, whether for payroll taxes — whether you […]
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