Are you prepared for a California EDD employer audit? Did you know the California Employment Development Department (EDD) regularly audits most California employers to monitor compliance with worker classification, wage reporting, and California payroll tax? If you are a California employer, you should always be prepared for and expect a...
Managing an IRS Correspondence Audit
One of the new realities for U.S. taxpayers includes the responsibility for managing an IRS correspondence audit. What should you do if you are contacted regarding any form of IRS audit? Did you know the present majority of IRS audits are known as "correspondence audits?" What is a correspondence audit,...
An Experienced Tax Lawyer for a California Business Tax Audit
Why do you need an experienced tax lawyer for a California business tax audit? What are some of the genuine risks during an audit of your business or professional practice? 3 Key Ideas About Why You Need a Tax Lawyer for a California Business Tax Audit It is not in...
The Two Sources of Income Tax Audits in California
There are two sources of income tax audits in California: those initiated by the State of California Franchise Tax Board (FTB) and those based on audits conducted by another agency, such as the IRS. This second form of audit, often referred to as a "Piggy-Back Audit," is one of the...
California Employer’s Payroll Audit Risk and Trust Fund Penalties
What do you need to know about a California employer's payroll audit risk and trust fund penalties? Many California business owners find themselves in an Employment Development Department (EDD) or IRS payroll audit. The California EDD is authorized to conduct audits of business payroll taxes. This includes Unemployment Insurance (UI),...
What Does the Recent OTA Ruling Tell You About a California Tax Audit?
What does the recent OTA ruling tell you about a California tax audit? What can we learn from the results of an investigation by the Office of Tax Appeals (OTA) into the practices of a California tax agency? Why do you need an experienced San Diego tax attorney if you...
Do Not Handle an IRS Revenue Officer Interview Request on Your Own
Have you been contacted by an IRS revenue officer? You should not attempt to handle an IRS revenue officer interview request on your own. If you have received a notification in the mail requesting an IRS Revenue Officer Interview you should contact Allen Barron immediately or call today to schedule...
What If I Get Audited by the IRS or the FTB?
What should I do if I get audited by the IRS or the FTB? Better yet, what can I do to avoid a tax audit altogether? It's a fear that we all share come tax Day: what if I get audited? We don't necessarily fear an audit because we think...
IRS and US Treasury Issue New Temporary Guidelines for Transfer Pricing
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Audits on Tuesday, September 22, 2015. The IRS and the US Treasury have issued temporary guidelines that affect the taxation of individuals and corporations who move goods and services between associated entities. Transfer pricing is generally defined as...