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In response to the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was approved by Congress and then signed into law on March 27, 2020 by President Trump.  The CARES Act offers various tax benefits to business taxpayers to help them better respond to the adverse economic impact caused by […]

It is never an easy situation when the Internal Revenue Service contends you owe a tax liability, but you believe that there is nothing due.  Such tax controversy matters are generally governed by specific procedures. As is the case for many issues, because of COVID-19, there are currently many revised procedures to respond to tax […]

One of the worst feelings when opening your mail is to receive an Internal Revenue Service collection notice. The pressure in responding to an IRS collection notice has only increased for many taxpayers because of the adverse economic conditions caused by COVID-19. What should you do if you are receiving collection notices from the IRS, […]

If you fail to pay your taxes, avoid paying them, or make a long-term mistake on your tax filings, the IRS can demand payment. In some cases, the IRS will respond with action like tax liens or wage garnishments, and other times they will initiate “levies.” The are several kinds of IRS levies, one of […]

The California Department of Tax and Fee Administration (CDTFA) is like the IRS in its ability to audit your state taxes. The CDTFA typically conducts audits in three-year intervals. There are several reasons that the CDTFA may target you for an audit; these include suspicions about you avoiding sales or use taxes as well as […]

In California, an EDD audit, or an audit from the Employment Development Department, is something that will be unavoidable for any type of business. These audits tend to look more into the employment side of your business and make sure that all the correct taxes are being paid and no workers are getting mistreated. There […]

California Department of Tax and Fee Administration (CDTFA) was introduced by the Taxpayer Transparency and Fairness Act of 2017, which divided the State Board of Equalization (BOE) into three separate bodies: the BOE, the CDTFA, and the Office of Tax Appeals (OTA). In California, sales taxes are collected by the California Department of Tax and […]

In California, there are some audits that you’ll inevitably run into and some that you should be worried to go through. The Employment Development Department, or EDD, deals with all payroll and employee payroll matters in the state and will often subject you to random audits. Unlike verification audits, which are random, automatic audit from […]

The Board of Equalization (BOE) administers, enforces, and collects sales and tax for the State of California. The audit authenticates whether a business has reported and paid the correct amount of sales tax to the state. Before you begin your preparations, you should be ready to follow your auditor’s requests. But do not deliberately give additional information […]

Living in California means that you will face a certain type of audit at least once in your business career. The Employment Development Department, or EDD, has regular and random audits for those whom it serves and pay taxes for it. They deal with payroll matters and make sure that workers are not being exploited […]