In a recent blog post, I informed business owners that the IRS announced how businesses can withdraw their Employee Retention Credit (ERC) claims. The ERC has been at the center of growing concerns about aggressive marketing tactics and potential scams surrounding the ERC claims. The IRS has taken that a step further by mailing more […]
Read More + The California Employment Development Department (EDD) conducts California state payroll tax audits (commonly referred to as an EDD audit) when a business has classified a worker as an independent contractor instead of an employee. This means the EDD can personally assess the San Francisco business owner for “unpaid” payroll taxes because the EDD has determined […]
Read More + Being a business owner is much more than simply making sure your business run. It also includes hiring employees, making sure they’re classified correctly and paying payroll taxes. Occasionally, a business may classify its workers as independent contractors when they should have been designated as employees. The Internal Revenue Service (IRS) offers the Voluntary Classification […]
Read More + Since the start of the COVID-19 pandemic, the Internal Revenue Services (IRS) has been providing various tax credits and incentives to help struggling businesses and individuals. One of those initiatives was the Employee Retention Credit (ERC), a tax credit aimed at helping businesses retain their employees during such a challenging economic time. Recently, the ERC […]
Read More + The San Diego City Council appointed and confirmed Allison Soares as a member of the City of San Diego’s Park and Recreation Board. The Parks and Recreation Board serves as an advisory board on matters relating to the acquisition, development, maintenance and operation of all city parks, beaches and recreation properties and facilities. “I am […]
Read More + California has three different taxing agencies: California Department of Tax and Fee Administration (CDTFA), the Employment Development Department (EDD) and the Franchise Tax Board (FTB). If you are a San Francisco business owner in California, you must understand each agency and what taxes you need to provide to all of them. Occasionally, a San Francisco […]
Read More + Facing an Employment Development Department (EDD) audit can be a nerve-wracking experience for both the taxpayer and San Francisco business owner. The audit process involves a thorough look of your financial records, tax payments and employee records. So when the EDD audit is complete and you’ve successfully won your argument, it can feel like a […]
Read More + Being a California business owner comes with its share of challenges. One of the last things any business owner or entrepreneur wants to deal with is an audit from the Employment Development Department (EDD). That being said, if you’re a California business owner and taxpayer — and if you’ve ever hired an independent contractor — […]
Read More + There is very little that causes more fear for a business owner than the thought of an IRS tax audit. That being said, generally, most small business owners will face an audit at some point or another. And an audit is not as scary as it seems, especially if you work with a San Francisco […]
Read More + Digital marketing agencies are just one of the many businesses facing the prospect of an EDD audits. If you’re a San Francisco internet marketing company and you’ve ever hired an independent contractor, you may want to familiarize your practice with the EDD audit. These California Employment Development Department (EDD) state payroll audits occur when a […]
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