Categories: California Tax Law
I Owe the EDD Money. How Do I Pay the EDD What I Owe? You’ve gone through the process of an EDD audit and now you owe the state of California money. Like many business owners and taxpayers, you may be wondering how to pay those penalties. The EDD works through the Central Collections Division…
Categories: Federal Tax
I had a client call yesterday who hadn’t filed a business tax return for three years, and hadn’t filed his individual tax return for three years. This becomes overwhelming to people. What do you do? What’s the next step? The most important thing is to take a deep breath; you’re going to be fine. We’re…
Categories: General Information
Friends of Balboa Park Announces Newest Addition to Board of Directors Friends of Balboa Park is pleased to welcome the newest addition to our Board of Directors, Allison Soares. Allison is the COO and Tax Partner at San Diego law firm Vanst Law. She іѕ also аn adjunct рrоfеѕѕоr аt Sаn Diego Stаtе Unіvеrѕіtу, tеасhing…
Categories: California Tax Law
What Should I Expect from a Franchise Tax Board Audit? People typically associate the words “tax audit” with the Internal Revenue Service and the federal government. However, California taxpayers can also be audited by the Franchise Tax Board (FTB), the statewide agency that determines the state income tax for businesses and individuals. Like the IRS,…
Categories: California Tax Law
My Former Worker Filed for Unemployment and the EDD is now Auditing Me. What Can I Expect? One of the big red flags that can trigger an EDD audit is when a former worker files for unemployment. This type of audit occurs when the California Employment Development Department (EDD) determines that a business has classified…
Categories: Federal Tax
I Haven’t Filed My Tax Returns and the IRS is Coming After Me 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…
Categories: Federal Tax
I Owe the IRS Money and Need a Payment Plan Tax season is upon us, and 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…
Categories: California Tax Law
How Do I Appeal an EDD Assessment? One of the most common questions I receive is how can California business owners and taxpayers appeal an EDD audit assessment. It’s a great question and one that should be addressed with an experienced tax attorney. Before I share the steps you can take to appeal the assessment,…
Categories: Payroll Tax
The IRS is very concerned about payroll taxes. They want to make sure if you are an employee working for a company, that the employer is withholding your payroll taxes and paying them over to the government. So one of the issues businesses have when they are going through a difficult time is they may…
Categories: Federal Tax
Are You Aware of Changes to Your Online Sales Tax? There’s been a change in how states are collecting sales tax from online purchases. If you’re a taxpayer and have ordered anything online – which is pretty much all of us – then you need to be aware of this sales tax law and how…
