On: June 5, 2020
If you are a business owner in California, then the payroll tax is probably a big part of your life. While every state is different, the payroll tax is a percentage of a person’s paycheck that is taken out to help fund other various programs and agencies in each state. Alongside state taxes, federal payroll […]
On: May 29, 2020
Wage garnishment occurs when a court issues an order instructing your employer to withhold a portion of your paycheck and to send it directly to a creditor that you owe money. In general, wage garnishments continue until the debt is paid off in full or otherwise resolved. Stopping Wage Garnishments One strategy to deal with the […]
In California, a sales tax audit is something that businesses of all sizes will run into at some point. While a sales tax audit looks at all matters related to sales tax, auditors can look at other facets of your company to make sure that you are doing everything correctly and paying everyone who needs […]
On: May 22, 2020
You may have heard the term “tax lien” before and wondered what it meant. If, on the other hand, you know all about tax liens—it is not, hopefully, from experience as they can be burdensome and will leave a long-term stain on your credit record. Basically, a tax lien is a government claim against your […]
In the state of California, there are some things that you just can’t avoid, including a sales tax audit. Business owners in the state will learn at some point that a sales tax audit is one of those things. While they are not mandatory, a sales tax audit can be triggered by a random occurrence […]
On: May 15, 2020
Wage garnishment happens when the government instructs a U.S. business to withhold money from an employee’s monetary compensation (including salary) and send it directly to the creditor whom they owe. This usually occurs as a result of a court order. Wage garnishments may continue until the entire debt is paid or otherwise resolved. Employers must […]
If you are a business owner in California that has employees then you are probably familiar with the payroll tax. Usually taken out automatically by an employer, the payroll tax is a series of taxes that go to various state and federal agencies and programs. While it may seem like a pain, it is a […]
On: May 9, 2020
To protect yourself during an IRS audit, there are some things you need to know. By not educating yourself and failing to prepare for an IRS audit, you leave yourself vulnerable to making a mistake, and when it comes to IRS audits, mistakes are never a good thing. Here is what you need to know […]
On: May 8, 2020
Sales tax audits are an unfortunate part of being a business owner in California that you can face for any number of reasons. Sometimes that reason is simply because you were the random taxpayer chosen to be audited or because you were flagged in their system. Either way, here are some helpful tips to keep […]
On: May 1, 2020
IRS audit is no one’s dream. There are, however, things you can do to prepare, which will make them far less painful and much easier for you. Here are some tips for how to prepare for an IRS audit. About IRS Audits To know how to prepare for an IRS audit, you must first understand […]