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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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How Does the Employee Development Board Handle Tax Liens?

We have talked about how tax liens are handled by the Franchise Tax Board and the Board of Equalization in past blog posts. Now we would like to take up the final taxing authority you deal with as a business owner in the state of California: the Employment Development Department, or EDD. First, here is a definition of what this agency is responsible for.
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How the Franchise Tax Board 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

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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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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