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.

Law Offices of John D. Milikowsky Rebranded As: Milikowsky Tax Law
SAN DIEGO, CALIFORNIA, September 8, 2015 - Law Offices of John D. Milikowsky, a tax controversy law firm, has been rebranded and is now officially operating as Milikowsky Tax Law.
The firm's founder, John Milikowsky, Esq., changed the firm's…

John Milikowsky Selected As One of the Top 5 Best Tax Lawyers in San Diego
SAN DIEGO, CALIFORNIA, September 8, 2015 - John D. Milikowsky, Esq., Founder of Milikowsky Tax Law, a tax controversy law firm, was recently selected by the Union Tribune's San Diego Reader's Poll as one of the "Top Five Best Tax Lawyers in…

How to Apply for New Tax Credit Awards
In the 2014-2015 period, the Governor’s Office of Business and Economic Development (GO-Biz) is authorized to award more than $151 million to taxpayers through the California Competes Tax Credits. Over two separate application periods, nearly…

The Process of Appealing an IRS Audit
Finding out that you are facing an IRS tax audit can be overwhelming and frightening, even if you are confident that you have nothing to hide. Knowing the IRS may blow the smallest of mistakes out of proportion can instantly leave your stomach…

IRS Assesses Penalty 40% Greater than the Account Balance
An 87 year old man who has a secret Swiss bank account with $1.5M faces penalties of $2.2M for failure to disclose his bank account to the IRS. This is the first case made public where an individual's penalties associated with failing to report…

Can the IRS Give Your Information To Collection Agencies?
The new bill, S. 2260 (Senate Bill), would require IRS to turn over delinquent accounts of taxpayers to private collection agencies. This provision was inserted into the tax extenders bill currently being considered in Congress.
The bill, if…

Are You Liable for Your Employer’s Past Due Payroll Tax?
If an employer fails to collect and pay employment taxes, the owners and executives (generally the CEO, CFO, and Secretary) who are responsible for paying and withholding wages and employment taxes may be personally liable for their company's…

IRS May Not Let You Exclude Gains from Selling A Home
Houses are considered a capital asset and therefore subject to capital gains tax; however, most homeowners are exempt and can exclude gains from selling their homes.
The 2014 case of Marvin E. Debough v. Commissioner of Internal Revenue displayed…

IRS Says More Returns Are Being Filed Without a Tax Preparer.
As of April 18, 2014, almost 46 million returns were e-filed from home computers (not using a tax professional – but self prepared), which is more than the total from home computers for all of 2013. Based on IRS' statistics, more taxpayers…

What You Need to Know Before Filing Your Tax Return
Our San Diego tax attorney explains what you need to know before you file your tax return.
Simplified home office deduction:
Beginning in 2014, taxpayers can use the simplified home office deduction to write off $5 per square foot of…

Are You Affected by President Obama’s 2015 Tax Proposals?
President Obama recently released his 2015 budget proposal and included revisions to the tax laws that, in some instances, changes laws that have been on the books for sixty years. Keep in mind these changes are currently only proposals; however,…

Nine Tax Tips for Preparing Your Income Tax Return
When it comes to running your business, there are various rules to follow to ensure you accurately report your business income and take proper deductions, determine whether you can pay workers as employees or independent contractors, and whether…