S-Corp Shareholder Loans - Mistakes and How to Avoid Them

Owning and operating an S-Corp provides many business owners significant benefits. These benefits primarily relate to tax savings and limited liability protection. ...
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IRS Payment Plan Calculator: Finding your Minimum IRS payment

Thousands of taxpayers fall short of their federal and state tax obligations each year. And although the IRS has a reputation as a hard headed collection agency there ...
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California Franchise Tax Board – FTB Collections

California has a unique tax system, which is managed by several different tax agencies. Each tax agency handles a specific area of tax law, which includes income tax, ...
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IRS Levy Considerations for Federal Contractors

In a typical collection case, under IRC § 6330(a) the IRS is legally required to provide due process before proceeding with seizures, levies, garnishments, etc. ...
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San Diego Collection Financial Standards - Allowable Expenses

When an individual owes back taxes to the IRS and cannot afford to pay the entire amount (or any amount) they must enter into a "collection alternative" or a ...
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The Joint Committee on Taxation's Comparison on House and Senate Tax Bills has been Released: How will San Diegans be Impacted

On December 7th, 2017 the Joint Committee on Taxation ("JCT") released its COMPARISON OF THE HOUSE- AND SENATE-PASSED VERSIONS OF THE TAX CUTS AND JOBS ACT. ...
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What you Really Need to Know About S-Corp Tax Savings

  If you are self-employed, an independent contractor, or operating a sole proprietorship you may be interested in learning more about a well-known tax saving ...
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Five Things You Should Know About IRS Audits and The Audit Process

Are you at risk for an IRS Audit? There are generally four overarching audit triggers that lead to an IRS audit. Each major trigger will result in a different type ...
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A Deeper Look at How to Stop the IRS from Garnishing your Wages

The Internal Revenue Service (IRS) is widely regarded as the most powerful creditor in the United States.  Congress has given the IRS vast collection powers while ...
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