by bettywilliams | Oct 16, 2020 | Firm News
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...
by bettywilliams | Oct 16, 2020 | Audits, Tax Audits, Tax Crimes
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...
by bettywilliams | Oct 16, 2020 | Tax Crimes
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...
by bettywilliams | Sep 18, 2020 | FTB, Multi-state Tax Issues
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...
by bettywilliams | Sep 11, 2020 | CDTFA, Sales & Use Tax Compliance
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...
by bettywilliams | Aug 19, 2020 | Audits, Tax Audits, Tax Crimes
The IRS is cautioning businesses that use third-party payroll services to be aware that the business is usually still held legally responsible if any tax filing is done wrong on their behalf. Although most payroll services are legitimate, every year employers are hit...
by bettywilliams | Aug 14, 2020 | Multi-State, Multi-state Tax Issues
The ”convenience of the employer” test has long been used to allow states to tax nonresident workers who are physically present in a state for work performed in the taxing state. In August, H.R. 7968 was introduced which would limit a State’s ability to tax...
by bettywilliams | Aug 14, 2020 | Multi-State, Multi-state Tax Issues, Sales & Use Tax Compliance
Public Law 86-272 has long been an income tax protection for out-of-state sellers who enter into other states, including California, for purposes limited to the “mere solicitation of orders” of tangible personal property, when the orders are approved and filled...
by bettywilliams | Aug 11, 2020 | EDD, New Laws
Assembly Bill 5 was passed and signed into law in September 2019. The bill instituted the new California worker classification test, the ABC Test (Labor Code section 2750.3), which states that a worker is an independent contractor only if the company hiring the worker...
by bettywilliams | Jul 20, 2020 | FTB
A California Appellate Court recently held that all of a trust’s California source income is taxable in California, regardless of the state of residence of the trust’s fiduciaries. The Court clarified that it is non-California source income that is dependent on the...
