article thumbnail

Navigating EDD Tax Audits: The Benefits of Professional Representation

MyIRSRelief

Tax audits can be a daunting experience for any taxpayer, and when it comes to the Employment Development Department (EDD) audits, the stakes can be particularly high. The EDD is responsible for administering unemployment and disability insurance, payroll tax collection, and job training/workforce services in California.

audit 130
article thumbnail

Tax Problem Resolution in the Inland Empire, CA

MyIRSRelief

Navigating tax issues can be daunting, especially when facing audits, unpaid taxes, or payroll problems. This FAQ guide provides insights into common tax problems and solutions available in Corona, CA. What Should I Do About Unpaid Back Taxes in Corona, CA? How Can I Resolve Unfiled Tax Returns in Corona, CA?

Tax 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Payroll Auditing 101 for Trustees of Multiemployer Plans

Withum

Payroll Audit Basics for Trustees. Payroll compliance audits perform a central role in this regard. Level Playing Field: payroll audits help trustees differentiate problematic employers from the rest. In these cases, they should direct the payroll auditor to test employers with known or suspected delinquency issues.

payroll 65
article thumbnail

New year tax resolution – resolve your tax problem today

MyIRSRelief

Some common tax problems include: Failing to file a tax return: If you fail to file a tax return (1040, 1120, 1065, 941, etc.), you may be subject to penalties and interest on failure to file and on any unpaid taxes. Amending your tax returns could correct these errors.

Tax 147
article thumbnail

The Difference between Bookkeeping and Accounting

SMBAccountant

Auditors provide opinions on the accuracy and reasonableness of financial statements. Tax accountants specialize in IRS law and completion of tax returns. There are different types of accountants which specialize in different areas. Forensic accountants research financial transactions to uncover fraud.

article thumbnail

Top Remote Accountants of the Week | May 23, 2024

Going Concern

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

article thumbnail

Defending IRS Cash-Based Audits – Guilty Until Proven Innocent: Computing Income

Withum

The reasons go from troubled financial situations, gambling or other addictions, avoidance of sales or income taxes, evading of the pesky payroll and minimum wage rules, and attempts to obtain other government benefits. Some other indicia of the diversion of cash revenue will be evident from a review of the income tax returns.

audit 76