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The EDD Independent Contractor Test

If you are a business owner in the State of California and you have individuals working for you, it is critical to know whether those individuals should be classified as independent contractors or employees. The EDD uses an independent contractor test when analyzing the factors to determine whether a worker is an employee or independent...
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IRS Tax Filing Season to Begin On Schedule

In spite of having passed through the longest government shutdown in the nation’s history, the IRS has confirmed that the IRS tax filing season will begin on schedule. Read more in the article below. https://www.irs.gov/newsroom/irs-confirms-tax-filing-season-to-begin-january-28

IRS Reopens After Government Shutdown

Although the IRS has reopened, some speculate that it could take up to a year to get back to normal. Read more in the article below. https://www.forbes.com/sites/kellyphillipserb/2019/01/27/with-shutdown-over-for-now-irs-stares-down-huge-backlog-as-tax-season-begins/#6c56b549311d

What is an IRS FOIA?

The Freedom of Information Act, also called FOIA, found in 5 U.S.C. 552 gives any person the right to request access of federal agency records or information within the scope of the Act. If you are under audit or dealing with a Revenue Officer, it may be beneficial to submit a FOIA request. Most importantly,...
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IRS FORM 3520: GIFTS FROM A FOREIGN PERSON

IRS FORM 3520: GIFTS FROM A FOREIGN PERSON AND FOREIGN TRUSTS If you are a U.S. person who received a foreign gift of money or other property, you may need to report these gifts on Form 3520. This form is known as the Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain...
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