On: June 25, 2023
Employees or independent contractors, what does it really matter? It matters a lot when it comes to the EDD. If you misclassify your employees, you can expect to be contacted by the EDD and you may find yourself facing some serious penalties at the same time. An EDD audit is serious and should be handled […]
On: June 15, 2023
One of the scariest things that any taxpayer can experience is finding out that they are facing an IRS tax audit. The first thing that comes to your mind may be whether you are in trouble or how much work the whole audit will involve. No matter what question is on your mind right now, […]
On: June 5, 2023
If you just checked your mailbox only to find an envelope stamped with the IRS logo, your heart may start to pound. What could they want? Are you in trouble? Is something happening? First, try not to panic. We know, easier said than done. The FIRST thing you should do is read the letter and […]
On: May 31, 2023
What do I need to respond to an audit notice? You will need to review what tax year is involved in the audit, what issue is the focus, and what additional information you made need to provide to substantiate the entry on the tax return. Taxpayers will be notified how to contact the California Department […]
On: May 26, 2023
Finding out that you owe the IRS money is enough to ruin even the perfect day. Dealing with the IRS is something most people hope they will never have to do, but if you have received a notice of tax liability, you are going to have to deal with them. One of the biggest issues […]
On: May 24, 2023
How can I know if I am subject to a Cryptocurrency audit? To determine whether you are selected for a cryptocurrency audit you will need to check your federal income tax returns from 2013 to 2017 and your virtual currency transactions for the same years for any unreported capital gains or unreported income. If you […]
On: May 17, 2023
Who can represent me before the Employment Development Department? In many cases, the person can represent themselves, however, it is permissible to retain representation at your expense. Remember, you can do this alone, or with a qualified and professional representative from the Leading Tax Group on your side. An attorney licensed in California can represent […]
On: May 16, 2023
Receiving a notice from the IRS is not something you want to take lightly, especially when the IRS is asking you for documentation or telling you that you owe them money. If you have received a notice in the mail from the IRS and need to know what it means or how to proceed, turn […]
On: May 10, 2023
Where can I find someone to represent me? If you are in California, or outside of the state, you can find experienced and qualified representatives to represent you before the California Franchise Tax Board. One company located in California is the Leading Tax Group where you can work with a former IRS attorney who can […]
On: May 6, 2023
As cryptocurrency rises in popularity, so does the enforcement of taxes by the IRS. The IRS has been ramping up its efforts to crack down on cryptocurrency tax fraud and the number of audits involving crypto continues to rise. Making sure that you file your taxes correctly is more important than ever, especially if you […]