Real Tax Answers.
For the Problems You're Actually Facing.
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.
This article is part two on how to appeal for EDD.
This article discusses about the appeals to EDD. Read more about it on a blog in Brotman Law.
Read this article to know about Dodd Frank & CRA's conclusions.
Along with the increased responsibility placed on the credit rating agencies, there are harsher consequences if they are not compliant with Dodd-Frank Act.
Get to know the rules that are for rating the agencies. Read to know more about the rules.
This article discusses about the conflicts on interest & agency rating. Read more about it in Brotman Law Blog.
The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) was passed and signed into on July 21, 2010.
This blog discusses about the issues that are affecting the credit rating of the agencies. Read to know more about this blog.
Agencies use available financial data, economic conditions, and various other factors to determine the strength of a particular firm.
This is the most commonly known form of relief, which can absolves a taxpayer from liability if their spouse or former spouse either did not report income.
IRS reviews thousands of joint collection accounts and makes individual determinations as to whom should be assessed an increase in liability.
Independent contractor reclassification audits are a hot topic because the Employment Development Department has been stepping up enforcement efforts.
Here we discuss about how to prevent different fraud in Corporate.
Here we discuss the different kinds of fraud. Read more about it on Brotman Law Blog.
Read about the response from the government towards the fraud cased by corporates.
Fraud has always been one of scourges of civilized society, although in past decade we have witnessed unprecedented levels of greed in corporate culture.
The Franchise Tax Board can be aggressive when pursuing delinquent liabilities. This article discusses how to obtain a California bank levy release.
This article discusses some more of the factors to look for when hiring a Franchise Tax Board attorney to assist you in your California state tax matter.
Hiring franchise tax board lawyer is an important decision that involves serious consideration. This article breaks down the factors I feel are important.
Franchise Tax Board audits can be costly for California taxpayers. Luckily, I have designed this series to discuss some of the key tactics I use in audits.