California Tax Law Blog
Tax Fraud, Cybercrimes, and Identity Theft – Oh my!
The IRS released it’s 2020 Criminal Investigation Annual Report touting an impressive achievement over the fiscal year of identifying more than $10 billion in tax fraud and other financial crimes. Despite the pandemic, the division investigated 1,600 cases to thwart...
The Tax Cuts and Jobs Act Taketh Away … the IRS Regulations Give Back…
Many business owners are anxiously awaiting the proposed regulations regarding the types of State and local income taxes paid by a partnership or S corporation that may be deducted without the $10,000 limitation ($5,000 for individuals or married individuals filing a...
How Will Prop 22 Effect My California Worker Classification?
For the app-based driver, the answer is clear, but for the tens of thousands of other gig economy workers in California, Prop 22 has no effect whatsoever on contractor relationships. Still, care must be taken in proper worker classification. Following the California...
IRS Helps Taxpayers with Current Installment Agreements
The IRS announced today that it will help taxpayers who have an Installment Agreement with the IRS but cannot pay their new tax balances by adding the balance to the existing Installment Agreement if the taxpayer qualifies. If you owe the IRS tax payments for past...
IRS Helps Taxpayers with New Installment Agreements
The IRS announced today that it will help taxpayers who owe less than $250,000 set up an Installment Agreement without submitting the typical plethora of documents and financial statements. If you owe the IRS tax payments for past years, contact one of our attorneys...
Go Big and Go to Prison
A Michigan attorney and owner of Legal Genius, P.L.L.C. managed to defraud the IRS, embezzle funds, and steal police department traffic crash reports in order to solicit crash victims for personal injury lawyers, chiropractors, and other healthcare and business...
Rolling in Dough(nuts)
The family of three Dippin Donut stores in New York were figuratively rolling in dough when they allegedly concealed over a million dollars in cash sales by depositing the money into their personal accounts instead of their business accounts. The trio also evaded...
Coming Clean is Costly
Robert Smith, CEO of a San Francisco-based company, committed serious financial crimes including his involvement in an illegal scheme to hide income for 15 years and evade millions of dollars in taxes by using offshore trusts and bank accounts. He used his tax savings...
California Provides Nexus Relief
What happens when an out-of-state business suddenly has an employee working from home in California due to COVID-19, and in accordance with Governor Newson’s Executive Order N-33-20, the “Stay at Home” Order? A corporation may be concerned that while it had no...
California Sales and Use Tax Relief
If you owe sales and use tax to California, either because you purchased tangible personal property for use in California, or you are an out-of-state seller that failed to collect use tax on sales to California customers, you may qualify for the California Department...
