WELCOME TO THE MILIKOWSKY TAX LAW BLOG

Providing actionable insights and valuable information to help you navigate the complexity of tax law for your business.

The Difference Between EDD and CSLB audits
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The Difference Between EDD and CSLB Audits

Employment Development Department (EDD) and California Contractors State License Board (CSLB) audits both expose your business to fines and penalties if the agency finds you noncompliant with the strict regulations and policies they have in…
Recent Construction Site Sweeps Explained
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Recent Construction Site Sweeps Explained 

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Tax Liens: What are they and how to avoid one

Tax Liens: What Are They and How to Avoid One

The Internal Revenue Services (IRS) works swiftly when taxpayers fail to pay taxes on time, or at all. Failure to pay or late payment of taxes triggers an IRS notification to you or your business of noncompliance, and outlines the necessary…
What's the Difference Between Tax Fraud, Tax Evasion, and Negligence

What’s the Difference Between Tax Fraud, Tax Evasion, and Negligence

Paying taxes is required for the workforce and for businesses. No one wants to pay more taxes than required, but purposefully avoiding these payments can open your business up to criminal tax liability. While there are legal loopholes to pay…
Top 7 Most Common Questions About IRS Audits
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Top 7 Most Common Questions About IRS Audits

Anytime you file taxes, there is a chance that your tax return might be audited by the Internal Revenue Service (IRS). The agency conducts standard procedures to find any errors or discrepancies among taxpayers. The audit process is meticulous…
Why IRS is Redirecting Their Focus Towards Cryptocurrency Tax Evasion
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Why IRS is Redirecting Their Focus Towards Cryptocurrency Tax Evasion

In mid-May, the U.S Treasury Department announced that they would require any transfer of $10,000 or more to be reported to the Internal Revenue Service (IRS). This update comes in response to growing concerns with regard to cryptocurrency compliance.  While…
Group of business people meeting, discussing, analyzing graphs, financial data, and planning a marketing project together.
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Other Tax Law Matters

Aside from our primary focus areas, we also specialize in helping companies resolve tax issues involving: Tax Collections, FBAR Reporting Compliance, Corporate Reorganization & Cross Border Transactions.
Corporate Tax Changes Under Biden: What to Know

Biden Administration Revokes Employer Friendly Independent Contractor Test

In early May of this year, the Biden Administration officially made the decision to revoke the previously adjusted Trump era ruling on independent contractor classification.    Earlier this year, in January 2021, the Trump administration…
Chain Reaction In Business Concept, Businessman Intervening Dominoes Toppling
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Tax Collections

Whatever problem you face with the IRS, we are prepared to fight for you. We can put our negotiation skills to work in an attempt to lower the taxes and penalties you face.
Do you know how to Respond to IRS Letter CP 2000
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How to Respond to IRS Letter CP 2000

What is a CP 2000? Watch our video below: .embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute;…
PPP Loan Applications are Closed as Fraudulent Cases Emerge
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PPP Loan Applications are Closed as Fraudulent Cases Emerge

  Over the past year businesses flocked to the Small Business Administration (SBA) to submit applications to receive their share of the federally allocated Paycheck Protection Program funding.    PPP loans were distributed to businesses…
What to Know About Tax Evasion and Avoidance

What to Know About Tax Evasion and Avoidance

While nobody wants to be responsible for paying any more taxes than is absolutely necessary, it’s critical to remain aware of the fine line between getting creative with your tax responsibilities in a legal way, and taking it too far into…