EDD Form 1870: Determination of Employment Work Status
Sometimes EDD auditors will mail this form to businesses when there is a question about the worker classification status of a worker... Read More
Am I a Resident of California: FTB Residency Audit
Taxpayers often need to determine whether their California residency status. A resident is defined as any individual who meets any of the... Read More
Do I Qualify for an IRS Offer in Compromise?
An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be... Read More
Do I Qualify as a Real Estate Professional under the IRS tax guidelines?
Generally, rental activities are passive activities even if you materially participated in them. However, if you qualified as a real estate professional,... Read More
IRS reminds taxpayers of the home office deduction rules during Small Business Week
IR-2020-220, September 23, 2020 WASHINGTON — During Small Business Week, September 22-24, the Internal Revenue Service wants individuals to consider taking the home... Read More
What is an IRS Centralized Partnership Imputed Underpayment?
Under the BBA partnership rules, after an IRS audit is completed, the general rule is that an imputed underpayment is imposed on... Read More
IRS to mail special letter to estimated 9 million non-filers, urging them to claim Economic Impact Payment by Oct. 15 at IRS.gov
IR-2020-203, September 8, 2020 WASHINGTON — Later this month, the Internal Revenue Service will start mailing letters to roughly nine million Americans who... Read More
IRS Launches New BBA Centralized Partnership Audit Webpage
IR-2020-199, September 1, 2020 WASHINGTON- The IRS announces the launch of the Bi-Partisan Budget Act (BBA) Centralized Partnership Audit Regime webpage. The... Read More
IRS extends more tax deadlines to cover individuals, trusts, estates corporations and others
IR-2020-66, April 9, 2020 WASHINGTON — To help taxpayers, the Department of Treasury and the Internal Revenue Service announced today that Notice... Read More
IRS announces waivers for Offer in Compromise applications
From the IRS newsroom IR-2020-55, March 12, 2020 WASHINGTON — The Internal Revenue Service today announced the release of final regulations that... Read More