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How the Board of Equalization Handles Tax Liens

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

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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Everything You Need to Know About Tax Liens, Pt. 1

The tax community is a house somewhat divided over the effectiveness of liens. On the one hand, the government needs to protect their interests in regards to taxes owed them. On the other hand, tax liens are filed against taxpayers with few or no assets to file a lien against.
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California Tax Guide for Marijuana Businesses and Proposition 64: The Adult Use of Marijuana Act

On Tuesday, California voters passed historic legislation by voting to allow the recreational use of marijuana in California. Regardless of your opinion about marijuana use, the legislation will have a huge impact on the state of California and its citizens and will bring a large source of new taxable revenue into the state. Because of the complexity surrounding the tax laws surrounding the...
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What's the Difference Between a Tax Lien and a Tax Levy?

Taxpayers often confuse the terms tax lien and tax levy and do not understand the difference in actions represented by these concepts. While liens and levies can both be filed by the IRS and the California Franchise Tax Board (FTB) and there are many similarities to when they are issued and how they can be removed, liens and levies are terms for very different actions.
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What Is Innocent Spouse Relief?

Filing a joint tax return can create an unintended burden since both parties are liable for the tax due. The burden can outweigh any benefits joint filing provides, especially if the tax is not paid in full at the time it is due. Each partner is then responsible for the additional penalties or interest that accrues. Joint and several liability is the legal concept that encompasses what married...
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What Happens When You Miss Your Tax Extension Deadline?

October 17, 2016, was the last day you can file California State or Federal income tax returns if you were granted the six-month extension in April. It is not the time to panic, but it is definitely time to move quickly if you have not completed your 2015 tax return and payment. As long as you did so by October 17, you will be allowed to file electronically. However, if you are planning to...
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What Happens If You Misclassified a Worker?

What does the employment classification of workers have to do with payroll tax audits? Everything. When the Employment Development Department of the State of California decides to audit, the classification of your workers is the auditor’s sole concern. Additionally, the IRS often adopts the results of the EDD audit to use in assessing federal penalties. For this reason, it is critical to ...
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What Are Your Payroll Tax Responsibilities?

In a previous post, we talked about the difference between independent contractors and employees. One of the biggest differences, and one that often drives intentional worker misclassification, is that employers must withhold and pay payroll taxes for employees whereas they do not for independent contractors.
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Classifying Employees and Independent Contractors

You have hired someone to do work for you. Is that person an employee or an independent contractor? The answer is important because misclassifying an employee as an independent contractor, whether intentionally or through ignorance, can land you in court and in debt for payroll taxes. There are several tests from a variety of regulatory agencies that are used to try to determine employment...
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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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