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.

Symbol of justice
,

Navigating an EDD Audit: What to Expect

If you have been contacted by California EDD, you don’t have to go through the CA EDD Audit process alone. Dealing with EDD can be time-consuming, stressful, and expensive (if you owe penalties and back taxes). By working with a skilled EDD…
Milikowsky Tax Law team

Lauren’s Spotlight

What do you value most in others? How is that element present in your business? This month we are introducing you to one of Milikowsky Tax Law’s Senior Attorneys, Lauren Suarez. Lauren Suarez is a San Diego native with a passion for tax. She…

What Is the False Claims Act

Business owners who received PPP funds are largely through the period in which they used those funds to cover payroll and other business operating expenses.  If you applied for, received, and have used your PPP funds, likely, you are readying…
ppp loans
,

IRS Audits Are on the Rise

On July 15, 2020, the Department of Justice (“DOJ”) charged Andrew Marnell with bank fraud in connection with $8.5 million worth of Paycheck Protection Program (“PPP”) loans he obtained for fake business expenses, that were then spent…
Woman smiling using a laptop
, ,

Automatic forgiveness for the PPP

A new bill before the Senate proposes to allow anyone who applied for a PPP loan under $150,000 to get automatic forgiveness. On Monday, July 27th Marco Rubio and Susan Collins proposed an act called the "Continuing Small Business Recovery and…
EDD resumes audits
,

EDD confirms it has resumed tax audits

CA EDD confirms it has resumed tax audits relating to the misclassification of 10 million contractors. Until September 2nd, 2020, CA EDD auditors had put audit cases on hold in order to assist the agency with the unemployment insurance benefits…
taxes and the edd audit
,

How To Respond to an EDD Audit Letter or Site Visit

The California Employment Development Department EDD performs audits to detect and deter fraud involving employment law, including, but not limited to employment misclassification, payroll tax evasion and employment tax. If your company has…
International Tax Law

International Tax Audits

The area of international taxation is incredibly complex. It requires a detailed understanding of the laws of the countries involved in the transactions. As well as how various treaties impact the tax consequences of business operations. At…
Golden Screw

The Golden Screw

The story of the golden screw. I’d like to set the scene... Come back in time with me, if you will. Back in the Day It’s 1987 and I’m 10 years old. I’m sitting in a windowless supply room in the back of my parents’ lighting store…
EO Accelerator

Minimize the Risk of an IRS or CA Tax Audit

EO Lunch & Learn: Minimize the Risk of an IRS or California Tax Audit Before Filing Your Tax Return “The hardest thing in the world to understand is the income tax.” — Albert Einstein Founder, John Milikowsky presents to the EO…
What is the Average Jail Time for Tax Evasion?

What Is the Average Jail Time for Tax Evasion?

The threat of a tax audit is not news to most business owners. While some may be willing to risk the chance of ignoring their tax responsibilities when the outcome is simply fees and financial penalties, that may change when they realize that…
calculator and a pen

Tax Avoidance vs Tax Evasion

What is Tax Avoidance vs Tax Evasion exactly? There are two things you can be sure of.  Death & Taxes.  No one likes either.  The US Tax system was predicated on the idea that every tax paying citizen would accurately and fairly assess…