When Tax Investigations Go Criminal

when tax investigations become criminal

When the IRS knocks on your door, it is enough to make you shake in your shoes. A visit from a revenue agent (auditor) or revenue officer (collection) who claims to have detected possible fraud means you are already in hot water.

The steps from suspicion to criminal tax investigation have already taken place, and that IS agent already has enough information to prosecute.

It is also possible that you expected this visit if you or your business have been audited recently by the IRS and you have gleaned from your interaction with the service that they may have found something fishy in the handling of your taxes.

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How to File an Appeal with the California Board of Equalization

how to file appeal with boe

The California Board of Equalization has audited you and found potential underpayment of taxes, fees, or additional amounts the BOE determines you owe.

Your next step is to meet with the BOE supervisor and then the District Principal Auditor. If you do not convince them that the results are in error, you can file an appeal.

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What to Do if the EDD Takes Your Money

did the edd take your money?

The California Employment Development Department can legally withhold money owed to you by the state for repayment of debt.  In other words, either through error or willful action, you owe a monetary debt to the State of California.

The EDD is within its legal rights to withhold money from a variety of programs and tax refunds if you do not pay up. It works with the California Franchise Tax Board, the State Lottery, and the State Controller to collect the outstanding debt.

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Preparing for the 2017 Tax Season

preparing for the 2017 tax season

It is that most un-wonderful time of year: tax time. April 15 may be a bit far away, but as a small business owner, you need to get your documentation for 2016 together as soon as possible. Your tax professional will thank you.

By the way, one of the changes for next year includes moving a filing deadline from April 15 to March 15 if your business structure is a pass-through. More on that later. First, here is a rundown of the documents you need to gather for your accountant.

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How a Tax Attorney Can Help with Your Tax Lien

how a tax attorney can help with your tax lien

Our last few posts have been about how the various California state tax agencies handle tax liens.

A brief review:

  • The Board of Equalization (BOE) administers the sales and use tax.
  • The Franchise Tax Board (FTB) administers and enforces the individual and corporate state income tax laws and property taxes.
  • The Employee Development Department (EDD) administers payroll tax and unemployment and disability insurance for the state.

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How the Franchise Tax Board Uses Tax Liens

how the ftb uses tax liens

We previously discussed how the Board of Equalization handles tax liens. For this post in our series, we would like to talk about how the California Franchise Tax Board addresses the use of liens. There are differences between the way the various California tax agencies and the IRS use tax liens about which you need to take note to stay out of hot water.

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How the Board of Equalization Handles Tax Liens

boe tax liens.jpg

In our continuing series about tax liens, we would like to talk about how the California Board of Equalization handles them. While there are similarities between how the IRS and the various California tax agencies pursue, impose, and release tax liens, there are some important differences that every tax payer should be aware of.

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Everything You Need to Know About Tax Liens, Pt. 2

everything you need to know about tax liens 2.jpg

In Part 1, you learned what a lien is, how taxpayers are notified of a lien, and what elements are required for a valid lien. In Part 2, you will read how a lien can impact your credit report, who has access to a list of those with liens, and what happens during bankruptcy and other financial events if a lien is involved.

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