strategies-init Archives - Page 10 of 75

Strategies for Handling ERC Audits: Navigating the Complexities with Confidence

April 23, 2026June 18, 2024 by Brotman Law

Discover effective strategies for handling Employee Retention Tax Credit (ERTC) audits with confidence. Learn preparation tactics, response strategies, and navigating interactions with the IRS to ensure compliance and minimize risk.The Employee Retention Tax Credit (ERTC) has been a crucial lifeline for businesses striving to retain employees amidst the economic upheaval caused by the COVID-19 pandemic. … Read more

Understanding Key Factors in ERC Audit Risk Assessment

April 23, 2026June 18, 2024 by Brotman Law

Key Takeaways THE IMPORTANCE OF AN ERC AUDIT RISK ASSESSMENT KEY INDUSTRY FACTORS INFLUENCING ERC AUDIT RISK LOCATION-BASED CONSIDERATIONS FOR ERC AUDIT RISK COMPLIANCE HISTORY AND ITS IMPACT ON ERC AUDIT RISK MITIGATING RISK IN ERC AUDITS Explore the crucial elements that impact the risk assessment process for ERC audits and learn how to effectively … Read more

Strategies For Handling ERC Audits

April 23, 2026June 18, 2024 by Brotman Law

Key Takeaways UNDERSTANDING ERC AUDIT PROCESS PREPARING FOR AN ERC AUDIT RESPONDING TO AUDIT FINDINGS NAVIGATING IRS INTERACTIONS IMPLEMENTING COMPLIANCE MEASURES Learn how to effectively manage ERC audits with these expert strategies and tactics. UNDERSTANDING ERC AUDIT PROCESS When it comes to handling ERC audits, it’s crucial to have a solid understanding of the audit … Read more

Is My Employee Retention Tax Credit Legitimate? Ask These Questions.

April 23, 2026March 13, 2024 by Brotman Law

Determining if your Employee Retention Tax Credit is legitimate and was filed correctly is a matter of asking these questions.

Tax Evasion Penalties Guide & Tax Fraud Jail Time Sentences

April 23, 2026March 13, 2024 by Brotman Law

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Can you serve tax fraud jail time? Learn about tax evasion penalties, possibility of a prison sentence for crimes, fines & other tax return laws & punishment

501c3 Allowable Expenses: Non Profit Tax Deductions 101

April 23, 2026June 13, 2023 by Brotman Law

Incorrectly deducting unallowable expenses can lead to financial penalties and the increased risk of audits in the future.

The California State Board of Equalization: What Does It Do Today?

April 23, 2026March 7, 2023 by Brotman Law

The CA State Board of Equalization (BOE) is a powerful agency with a complex and important role in California’s tax system.

Key Takeaways

The California State Board of Equalization, also referred to as the BOE, is often likened to the state’s version of the Department of Revenue.
It’s a tax agency that used to be responsible for administering a variety of taxes, including sales and use taxes, property taxes, and special taxes.
The BOE was also responsible for administering various regulatory programs related to alcohol and tobacco products.

Taxes on a trust fund in California: brackets, distributions & more!

April 23, 2026February 7, 2023 by Brotman Law

Key Takeaways

Do trusts pay tax and how are trusts taxed for income tax purposes in California?
Applicable taxes on trust funds & the different trust funds
Trust tax rates for 2023
Are distributions from a trust taxable to the recipient in California?
Allocation of taxes on a trust fund in California

In the midst of tax filing season, it’s common to start worrying and thinking about taxes on a trust fund.

Use Tax vs Sales Tax in California: Differences Compared

April 23, 2026January 18, 2023 by Brotman Law

It’s really important you’re aware of the use tax vs sales tax differences: how they’re applied, when they’re applied, and in what instances they might apply to you.

Key Takeaways

It’s really important you’re aware of the use tax vs sales tax differences: how they’re applied, when they’re applied, and in what instances they might apply to you.
The difference between sales and use tax comes to the fore in the case of tax audits, and is an area you should take time to be clear on.
In California, taxpayers often claim deductions for resale of their property, which is a frequent target for the California Department of Tax and Fee Administration (CDTFA).

As with anything tax-related, it’s not always straightforward.

So, join us as we answer questions such as “what is the difference between sales tax and use tax” and “is use tax the same as sales tax”.

How to pay less taxes in California in 12 Ways

April 23, 2026December 19, 2022 by Brotman Law

Even though the pull of living in the Golden State is strong, it boasts some of the highest tax rates in the country, from sales tax, property tax, income tax and other local taxes.

This can leave Californians torn between leaving the state or sucking it up to stay and enjoy everything CA has to offer.

But, there is another way.

Key Takeaways

How to pay less taxes in California in 8 ways
How to avoid paying California state income tax
Conclusion

Knowing how to pay less taxes in California could be exactly what you need…