When a tax liability is a result of an audit assessment by EDD and taxpayer is unable to pay full amount owed, the EDD may allow up to 18 months to pay in full with a short-term installment agreement.
The EDD recognizes that sometimes it is in the best interest of the state and a California taxpayer that they allow an installment agreement to liquidate an amount owed over a period of time.
In this post, Brotman Law discusses EDD payroll requirements, common misclassifications – intentional or not – and subsequent penalties.
Sometimes, even low cost legal representation costs too much and you need free taxpayer assistance. This article explains where and how to get it.
If you haven’t had to pay any state taxes for the past few years but now face a liability, you might be wondering, why do I owe state taxes this year?
The IRS criminal investigations division (CID) is a special unit within the IRS charged with investigating criminal matters including tax fraud.
When a taxpayer files separately, it is clear who will bear the burden of any tax liability assessed by the IRS. But if you are in the middle of a divorce, owe tax debt and have filed jointly during your marriage, who pays may be less clear.
In this article, San Diego tax attorney, Sam Brotman explains tax procedure for the benefits of businesses and business owners.
The key to any Employment Development Department audit is to make certain all records submitted are relevant to the EDD. Any records that do not pertain to employment-related issues are not relevant.
Generally, the IRS will have ten years to collect a liability from the date of assessment. After this ten-year period or statute of limitations has expired, the IRS can no longer try and collect on an IRS balance due.
So you have passed the brink of no return in your relationship and decided to file for divorce. Before you do, it’s wise to make some financial preparations ahead of your court date.
The most common tax problems vexing small business owners are the underpayment of taxes and poor record keeping.
