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.

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EDD Freezing Thousands of Unemployment Debit Cards

Earlier this year, thousands of unemployment benefit recipients found themselves having had their EDD debit cards frozen. The Employment Development Department (EDD) began freezing unemployment debit cards due to suspected fraud in an attempt…
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What Trump’s Taxes Reveal About IRS Audits of Small to Mid Sized Businesses

Written for Milikowsky Tax Law. Originally published by freelegalaid.com on October 13, 2020.  Recent revelations of President Trump’s income tax payments have brought to light the capacity of wealthy individuals to fight the IRS when…
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How your PPP loan can create criminal exposure

In the midst of the Coronavirus pandemic, the CARES Act provided the funding for the SBA to implement the Paycheck Protection Program (PPP) to provide financial assistance to businesses. While many jumped at the opportunity to receive financial…
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Top 4 EDD Audit Triggers

California business owners are familiar with the ever-present threat of an EDD audit. EDD audits businesses for a variety of reasons. In some cases, they may have suspicions of a business using incorrect filing practices, in other cases, EDD…
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AB-5 Exemptions: Your Comprehensive Guide

California Assembly Bill 5 (AB5) has built-in exemptions for many businesses.  We say "Not So Fast"! Even exempted industries have to adhere to the old 13 point Borello criteria for classifying 1099 contractors.  So, while many business owners…
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Stop an EDD Audit of Your 1099s in its Tracks

How to navigate AB-5 Assembly Bill 5, which required companies to reclassify most independent contractors as employees, is hurting employees. California’s new AB-5 and Gig Workers Bill has employers concerned since it is unknown what EDD…
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What Does Prop-22 Mean for You?

Do you rely on Lyft, Uber, or other rideshare services to take you to and from locations regularly? Or do you rely on a paycheck from a ride-sharing business as an independent contractor? If you fall into either of these two groups, here’s…
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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…
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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…
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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…
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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…