On: July 8, 2022
Tax Fraud Experienced Tax Expert Pasadena There is nothing wrong with engaging in tax planning to reduce your tax liability. However, the tax planning must comply with applicable law. If the tax planning does not comply with applicable law, you may be guilty of tax fraud. Tax fraud can subject you to significant civil […]
On: July 1, 2022
Experienced Tax Experts on IRS Wage Garnishments Pasadena We all work hard for our wages and want to maximize the amount of income that we can take home from work. One obstacle to taking home the compensation that you earn at work is if you are subject to an Internal Revenue Service (“IRS”) wage […]
On: June 17, 2022
Tax Relief Experienced Tax Experts Pasadena Remember the commercial: “How do you spell relief? “R-O-L-A-I-D-S”. When you have tax problems, you can take “Rolaids” to provide you with relief from an upset stomach. There are other forms of relief that can more directly help you with your tax problems. If you are in Pasadena […]
On: June 8, 2022
Best Experienced Tax Experts Pasadena Taxes are a complicated subject. The Internal Revenue Code, which governs Federal tax law, is thousands of pages. Federal tax law is also based on thousands of regulations, rulings, and court cases. State tax law is governed by its own numerous statutes, regulations, rulings, and court cases. The complexity of […]
One of the effects of COVID-19 is that it has become more difficult for businesses to pay their obligations. One such obligation is the payment of taxes, including employment taxes. In response to COVID-19, with the enactment of the Families First Coronavirus Response Act and the Coronavirus Aid, Relief, and Economic Security Act, the Federal […]
COVID-19 has had an adverse financial effect on many of our lives. One such negative impact is that COVID-19 has made it more difficult for taxpayers to meet their tax obligations, including concerning estimated tax payments. Fortunately, certain relief has been issued, helping taxpayers with their estimated tax payment obligations. IRS Defers Estimated Tax Payments […]
On: November 4, 2020
To address the COVID-19 crisis, the Families First Coronavirus Response Act (the “FFCRA”) was approved by Congress and then signed into law on March 18, 2020 by President Trump. The FFCRA includes the Emergency Paid Sick Leave Act and the Emergency Family and Medical Leave Expansion Act, which require that certain employers provide certain employees […]
On: October 28, 2020
The mandatory closings and other restrictions imposed by governments from COVID-19 have adversely affected many businesses. One such adverse effect is that businesses may be unable to pay their employment taxes. What can businesses do if they cannot pay their employment taxes because of COVID-19? The passage by Congress of the Coronavirus Aid, Relief, and […]
On: October 21, 2020
It is a huge burden at any time for a business to be subject to a tax audit. This burden is only increased during COVID-19 when even routine tasks can become arduous, and in some cases, based on government restrictions, even impossible, for businesses to complete. What should a business do if it cannot access […]
On: October 14, 2020
In response to the adverse economic consequences caused by COVID-19, Congress and President Trump have agreed on legislation helping taxpayers. One such legislation, signed into law on March 27, 2020, is the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). What important tax provisions in the CARES Act affect individual taxpayers? Stimulus Checks […]