What Is EDD Offer In Compromise?
The EDD can receive applications for Offers in Compromise. This may enable a tax debtor to eliminate an employment tax liability at less than full value.
How Are Transfers of Property Taxed in a Divorce?
Under 26 U.S. Code §1041, you typically have a 6-year window of time from the date your divorce is finalized to make a transfer that is not subject to taxation. Once you go beyond 6 years, you are looking at two individuals that are divorced.
How to Pre-Audit Yourself in Advance of Your EDD Payroll Tax Audit
There are four tests that the EDD payroll tax auditor will go through in an audit. You want to make sure that you do those four tests yourself, or some variation of them, because that’s exactly what you are going to be put through for the audit.
What Records are Required for a California Payroll Tax Audit?
What usually happens in a payroll tax audit is that the auditor will send you a laundry list of documents that they want to examine. Of the different types of audits, payroll tax audits are usually the ones that have the most flexibility because in a payroll tax audit they are basically running tests.
What Are the Penalties for Tax Evasion and Tax Fraud in California Sales Tax Audits?
“Fraud” is defined as acts with intent to deprive state of taxes due under the law. Intent to evade is intent to escape paying tax through misrepresentation or deception.
How the California Sales Tax Audit Defense Practice Works with Brotman Law
Sales tax audits are one of the areas of practice that I am most proud of at our firm. We have dealt with some very difficult cases and gotten some really phenomenal results. I credit that to the hard work and diligence of our team. Brotman Law really understands sales tax audits.
Tax Return Demand from the FTB Intensifies
A portion of our practice has been devoted to helping individuals and businesses outside the state to get in compliance and defend themselves from California tax agencies.
How to File Delinquent International Tax Returns
If you are not in need of the Streamlined Procedures because you do not owe additional tax, and you have reasonable cause for not filing an informational return, you may file the delinquent international tax returns along with an explanation of the facts that support your claim of having reasonable cause for failing to file on time.
What Is the Offshore Voluntary Disclosure Program?
Previously, the IRS had two programs, Offshore Voluntary Disclosure Program (2009) and Offshore Voluntary Disclosure Initiative (2011), which have been discontinued.
How to Appeal an FBAR Penalty
If you cannot come to an agreement in resolving the issue in the IRS examination stage, you still have a right to appeal your FBAR penalty.
FBAR Penalties: What Happens If You Don’t File International Taxes
An area of difficulty that has arisen with regard to FBAR cases is the ambiguity of penalties potentially faced by an individual in violation of disclosure requirements.
Types of International Tax Forms
There are many informational forms associated with international taxes and I am not sugar-coating this — they are complicated.