Real Tax Answers.
For the Problems You're Actually Facing.
This article breaks down the provisions of FATCA, the Foreign Account Tax Compliance Act. FATCA is the provision that mandates the filing of FBARs.
The following is a summary of some of the foreign asset reporting requirements. It is important to determine your potential liability under the law.
The following article summarized the FBAR requirements. When filing an FBAR, you should be aware of the individual reporting requirements for FBARs.
Here is a summary of the Reporting Requirements for Foreign Assets. It is important to know these reporting requirements so that you don't make any errors.
This blog is a continuation of the disclosure. Read this article to know more.
The Department of Treasury & Justice has a new mandate, stop offshore tax cheating & tax revenue from non-disclosed foreign accounts.
This article discusses the potential sales and use tax liabilities that out of state retailers may have to the Board of Equalization.
This article discusses the specific issues that arise during California Use Tax Audits. When audited by the BOE it is important to be aware of them.
This article is an overview of the Franchise Tax Board appeals process and taxpayers should be very aware of this process if they intend to appeal.
This article details the procedures involved with a Franchise Tax Board wage garnishment. This details the procedure of garnishments and orders to withold.
Read this blog on garnishments of wages in FTB to know more.
FTB may be determined that a protest should be returned to the originating auditor for further development.
Are you interested in a potential of California's State Tax OIC? Please read our helpful guide so that you fully understand the process first.
Do you have a Franchise Tax Board lien? If so, it may be possible to seek a Franchise Tax Board lien release. Please read our helpful guide about them.
This article is part two of the board assessments. Read this blog to know more.
This article describes what procedure that the Franchise Tax Board must follow when issuing a Notice of Proposed Assessment.
This article discusses about multiple statutory Liens.
This blog discusses about the continuation of board liens on Franchise Tax.
Read part one of the liens based on franchise tax in Brotman Law.
Do you have an FTB Lien? Part two of our article series discusses FTB Lien release. It is important to know the procedures if you are seeking one.
This article details the California state tax procedure surrounding an Assessment. Taxpayers should be aware of how assessments are made.
In part two of our series, we discuss the procedure and steps surrounding a Franchise Tax Board protest. We explain both the protest process and the types.
This article discusses the procedural requirements surrounding Franchise Tax Board protests. The requirements of a valid protest are extremely important.
Law permits the EDD to receive applications for OIC that may enable a qualified tax debtor to eliminate employment tax liability at less than full value.
The applicant will need to provide a reasonable offer and explain why the offer should be accepted by EDD. Read about this article on Brotman Law Blog
Read about our blog on the employment development department issuing notice of levy.
Sometimes a Notice of Proposed Assessment may require corrections when new information is received from taxpayer.
California streamlined offer in compromise process where now a single application can be used for different agencies.
California EDD offers taxpayers a tax settlement program, where EDD and taxpayer can settle a claim for less than the amount owed.
BOE Prior Audit Percentages of Error (PAPE) Program and Cut-Off Techniques
When auditing business with good internal control & a good accounting system, the test period may be a relatively small portion of the total audit period.
BOE uses short tests to come up with a decision as to whether to proceed or to accept as correct that item being tested.
An audit made on a taxable measure basis generally places emphasis on the verification or accumulation of taxable differences.
The following article discusses some of the procedures and techniques used in California sales tax audits. A California sales tax audit can be very costly.
Read Brotman Law's article on multi-jurisdiction resale certificate.
The BOE in a Board of Equalization audit makes use of Form BOE-504 (often called an XYZ letter) to verify sales for resale in Board of Equalization audit.
This article discusses acceptance of resale certificates by the Board of Equalization in a BOE audit. Here is a breakdown of the rules regarding resales.
Read this article to know about the auditing tax on California sales
A taxpayer who wants to settle must submit a written request. Read the continuation of Brotman Law blog on tax settlements.
The California Franchise Tax Board (FTB) has authority to settle administrative civil tax dispute - Part One
California EDD offers taxpayers tax settlement program, where EDD and taxpayer can settle a claim for less than the amount owed.