In an effort to protect workers in California, Assembly Bill 5 was enacted requiring many companies to reclassify their workers as employees, and not as independent contractors. Uber and Lyft have ignored the legislation, which went into effect on January 1st, and...
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Businessman Pleads Guilty to Tax Crimes After Filing Quiet Disclosure
On April 3, 2020, a Florida businessman plead guilty to tax crimes after the DOJ discovered the millions of tax-free dollars he used to purchase a home with 100 feet of waterfront property, an expensive yacht, and other personal expenses. After failing to file tax...
Good News for Non-Filers to get IRS Check
The IRS has a new online tool for people who do not typically file tax returns, to ensure they receive their Economic Impact Payment from the IRS. For more details, read the IRS' announcement here.
Beware of Scammers
The IRS will never call a taxpayer and ask for financial information. If you receive a call, letter, or e-mail from someone requesting financial information related to the $1,200 economic impact payment, assume it is a scam. For more scams and alerts, see this IRS...
FTB Relief Related to COVID-19
The FTB has announced an extension of time for taxpayers to file their tax returns and make payments to the FTB. This applies to individuals and businesses with a California tax return or payment due between March 15th and June 15th. Taxpayers do not need to be...
Good Weedmaps Review? Good Luck, Cannabis Industry
Federal criminal prosecutors have requested records from Weedmaps, an online directory and review of cannabis retailers, for marijuana consumers. The Eastern District of California issued a subpoena to Weedmaps, requesting documents from about 30 companies listed on...
Back by Popular Demand – IRS Renews some 2019 Tax Benefits
Change is inevitable but when it is beneficial to taxpayers, it is also good news. The IRS has extended certain tax provisions for individuals, including the above-the-line qualified tuition and related expenses deduction, mortgage insurance premiums treated as...
High-Income Earners a Target for the IRS
Money may buy a lot of things, but it won’t buy time with the IRS. In an effort to ensure compliance and fairness, the IRS stated it will increase efforts concerning high-income taxpayers who have filed to timely file one or more years of tax returns. Read more...
Uber and Postmates Denied Injunctive Relief Against AB 5
Uber and Postmates hit another AB 5 roadblock this month when a California district court refused to enjoin enforcement of AB 5, finding that AB 5 is rationally related to the state’s valid interest in preventing misclassification of works, that the plaintiffs could...
Impressive Action to End Sophisticated Offshore Tax Evasion
The J5 joined forces recently to thwart tax evasion activities by an international financial institution located in Central America that facilitated the concealment and transfer of wealth around the world. This first-time action has paid off in achieving the joint...

