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.

small businesses who were denied the PPP loan forgiveness can still appeal for forgiveness.
,

What to Do if My PPP Loan is Not Forgiven?

Business owners who applied for SBA PPP loan forgiveness, but were denied have a limited time frame in which to appeal the forgiveness denial. Read on to learn about the process of appeal, what steps you must take, and the strict timeframe in…
Man offers a solution to end conflict. Compromise dispute resolution. Build bridges improve relationships. Communication mediation between conflicting parties. escape escalations of conflicts. Win-win
,

Offers In Compromise

Government collection activity can hurt a company’s credit and ability to borrow funds needed to operate a business. Understanding your legal rights and taking correct and immediate action may be the difference between a business that survives and a business that is forced to close its doors.
As you prepare your tax returns, stay up to date on when taxes are due, child tax credit payments, economic impact payments, and charitable contributions.
,

2022 Tax Season: What to Look Out For

On January 24th, the Internal Revenue Service (IRS) announced the start of tax season. Now, the agency can accept federal income tax returns for 2021. With tax season officially in progress, the April deadline is quickly approaching. Organizing…
Make sure you provide the list of employees, by wage category, including their wages and their job description with the corresponding code description.
,

Workers’ Compensation Audits

We partnered with benchmark commercial insurance to discuss how audits relate to workers’ compensation. Benchmark offers a boutique approach to serving their clients through providing and maintaining commercial and personal insurance policies.…
John Milikowsky is a local San Diego Tax Attorney

Get to Know Local San Diego California Tax Attorney John Milikowsky

Meet John Milikowsky  John Milikowsky is the owner, founder, and managing attorney of Milikowsky Tax Law in La Jolla, CA. As an attorney, he is passionate about representing business owners in the face of government audits, specifically EDD,…
Close-up Of A Businessperson's Hand Balancing Stacked Coins On Wooden Seesaw With Finger Over Desk
, , ,

Back Taxes – Tax Balance

Many people don’t know the options that are available to them when dealing with the IRS. If you owe a lot on back taxes, you don’t have to panic. Our committed tax law firm can answer your questions, explain your options, and guide you towards the best game plan for you.
Business owners should be aware that IRS audits in 2022 will increase as the government tries to find funding for the new trillion dollar Build Back Better Act.
,

How Build Back Better Bill will Affect Business Owners in 2022

The Build Back Better Bill, also known as the Build Back Better Act, is structured to support the middle class and expand the economy. It states that taxes for those with an income under $400,000 will not change. But the funding for this trillion-dollar…
A 2021 EDD Audit will include classification criteria from the Borello Test and the ABC Test
,

What Will 2021 EDD Audits Look Like?

Watch our video below to learn how the last 12 quarters affect your EDD audit criteria. .embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container…
CRIMINAL TAX justice and law concept. male lawyer working in office. Legal law, advice and justice concept.
, , ,

Criminal Tax

If you receive a call from a special agent from the IRS CID, you must always assert your right to an attorney. Do not assume that you have to answer any questions. You have the right to remain silent and you should always consult with your lawyer before speaking with any type of federal investigator.
Form 5472 is a taxpayer return for US corporations with reportable transitions that are at least 25% foreign-owned or have 25% foreign corporation engagement.

What Is Form 5472?

Form 5472 is a United States Taxpayer’s return for:  Any U.S. corporation that is at least 25% foreign-owned or Any U.S. corporation that has at least 25% foreign corporation engagement in a U.S. trade or business.  If a corporation…
File tab with focus on savings. Conceptual image for illustration of debt vs savings
, , ,

Tax Lien

The best way to remove a lien is to pay your debt in full. Within 30 days of paying the debt, the IRS will release your lien. As an experienced tax law firm, we know that not everyone is in a position to be able to pay off their debt in full. If you contact our San Diego tax lien lawyer, we can explain to you your various options for reducing the severity of your lien.
Urgent IRS Notice Envelope
,

IRS Notices: What They Mean

IRS Notices come with codes that can seem unduly cryptic on first read.If your business receives an IRS notice, locate the code and use this reference to better understand what these IRS notices mean and what you are being contacted about.  IRS…