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How to Claim the California Earned Income Tax Credit

The first few months of every new year seems to be dragged down by the necessity of preparing tax returns and the feeling of becoming poorer by the minute. To ease some of the federal burden, the IRS created an earned income tax credit that was implemented in 2013. California taxpayers, who are in a state where the tax burden is higher than average, were provided a state earned income tax...
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You Have Options for Paying Your Tax Debts

If you have a tax liability, you have several options for paying it. The IRS provides relatively straightforward instructions on the various types of payment methods and other ways to discharge the liability. In California, you can also deal with the Franchise Tax Board, the Board of Equalization, and the Employment Development Division. Payment options: Straight payment or payment in full ...
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When Tax Investigations Go 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...
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How to File an Appeal with the California Board of Equalization

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

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...
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What is a Sales Tax Nexus and How Does It Affect My Business?

  A state may create legislation requiring a seller with nexus in that state to pay tax on sales of tangible property within the state. What is nexus and how does it affect your business?
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The California Franchise Tax Board and Business Income Taxes

California can be an expensive state in which to do business. Small businesses in the state are particularly hard hit under the state tax laws. California has a higher than average state income tax imposed on business and personal income, plus it engages in double-taxation when it comes to business entities structured so that the income passes through to the owner. The Franchise Tax Board is...
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How the California Sales Tax Rate is Determined

New sales and use tax rates for the state of California have gone into effect January 1, 2017. You may be wondering how the rates are set and why they seem to vary across the state. Here is a brief review of the sales and use tax and then we will break down how California sets its sales tax rate and the various elements that impact the rate.
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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...
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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...
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Brotman Law's Guide to California State Tax Liens

Being notified of a tax lien on your business can be intimidating. Our new ebook provides a comprehensive breakdown of tax liens and how each agency handles them. Click the book below to download our free guide and learn what to expect.

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