Samuel Brotman Blog
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Brotman Law, dedicated to freeing individuals from the weight of tax problems, believes in the extraordinary potential of its clients. These clients, who contribute to society as healers, builders, entrepreneurs, and nurturing family members, serve as daily inspirations. Brotman Law's admiration for them fuels their relentless advocacy. Rooted in the belief that their business is a..
Samuel Brotman Blog
1y ago
The CA State Board of Equalization (BOE) is a powerful agency with a complex and important role in California's tax system ..read more
Samuel Brotman Blog
1y ago
Even though the pull of living in the Golden State is strong, it boasts some of the highest tax rates in the country, from sales tax, property tax, income tax and other local taxes.
This can leave Californians torn between leaving the state or sucking it up to stay and enjoy everything CA has to offer.
But, there is another way.
Knowing how to pay less taxes in California could be exactly what you need ..read more
Samuel Brotman Blog
1y ago
California is known for having some of the most significant in-state taxes in the country with a 13.3% annual income tax rate.
However, did you know that you might still be taxed even after you leave the state?
Yep! Thanks to the Californiaexit tax legislation, depending on how much money you get from in-state activities, such as investments in real estate or business operations, you could still be treated like a Californian on your next tax return!
Join us as we walk you through the California wealth and exit tax questions, such as “what is the exit tax in california,” how much it is, who it ..read more
Samuel Brotman Blog
1y ago
Even though the state-wide base rate for California online sales tax is 7.25%, like with the rest of California’s complicated tax laws as they relate to online transactions, it's not that simple.
There are a few key points that every online business owner should know when it comes to California internet sales tax ..read more
Samuel Brotman Blog
1y ago
Tax debts can be scary, and knowing how to pay off Internal Revenue Service debt fast challenges many taxpayers ..read more
Samuel Brotman Blog
1y ago
Many taxpayers panic after receiving a notice or letter from the Internal Revenue Service, especially when it involves inconsistent tax returns. While IRS notice of deficiency can cause anxiety for the taxpayer, it also requires a response within 90 days. But taxpayers can challenge the Internal Revenue Service and appeal in court if they disagree with amendments ..read more
Samuel Brotman Blog
2y ago
America has a complicated tax system, and payroll and income taxes confuse many taxpayers, especially when dealing with revenue agents. While all taxes are not the same, understanding the employment tax difference is significant for employers. But what factors come into play when you evaluate payroll tax vs income tax? Income tax comprises federal, state, and local taxes, while payroll tax includes social security and unemployment taxes ..read more
Samuel Brotman Blog
2y ago
Once you have your files together for each independent contractor or if you have strong evidence that these people are independent contractors, the next phase is preparing your contractors to be contacted and potentially interviewed by the EDD auditor. You need to be careful here, very careful, because you are walking a fine line.
However, best practices in California dictate that you should gather about five people that are your best sources for 1099 information and create a reference sheet for the tax auditor to reach out and contact them.
The reaction that you are going to get from the tax ..read more
Samuel Brotman Blog
2y ago
The IRS Taxpayer Advocate helps taxpayers resolve problems with the IRS and also recommends changes to help prevent problems in the future. The Taxpayer Advocate handles those issues when the tax problem is causing significant financial difficulty, when you or your business are facing immediate, adverse threat and when you have tried to contact the IRS repeatedly to no avail ..read more
Samuel Brotman Blog
2y ago
In an ideal world, everyone would be able to pay their taxes in full and on time, but sometimes it just isn’t possible. If difficult circumstances mean that you are coming up short during a tax season, it is probably the source of a lot of stress and anxiety.
The instinct to avoid the issue may be strong, but it can cause your problems to multiply exponentially. Interest, penalties, and other severe consequences can begin to build up. The most important thing for anyone struggling with their taxes to know is:
the IRS can usually work with you, but only if you work with them, and
calling a ta ..read more