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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Can’t Afford Your Tax Burden? Here’s What to Do

Come tax season, many individuals and businesses find that they are unable to pay their full tax burden on time. Despite how common this predicament is, a sizable portion of taxpayers don’t know what options are available in these circumstances.…
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Five Common Reasons the IRS May Audit Your Business

Every business owner fears the dreaded tax audit. It can be a headache, requiring a lot of precious time to retrace your steps the previous year and provide documentation to support the information on your tax forms. No one can predict an…
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The IRS Is Coming after My Closed Business. What Do I Do?

When businesses close, they sometimes do not file taxes for their last year in operation. These taxes are still owed, and if any business has not closed its doors in accordance with state and federal laws, California’s Franchise Tax Board…
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Tax Compliance Tips for California Businesses

Whether or not you owe any sales and use tax, California mandates that any business holding a seller’s permit routinely file sales tax returns. Depending on the situation, this may be every month, quarter, or year. Considering the extensive…
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Sales Tax Audits: What to Know and How to Prepare

When businesses fail to pay taxes in California, the state does not hesitate to aggressively pursue what it’s owed. Most California businesses will have to endure an audit at some point. Even if your business has kept meticulous records and…
California Tax Attorneys

Understanding EDD Obligations as a California Employer

  All employers in California have certain state tax requirements on top of their federal tax obligations. Read on to learn more about these requirements, including how they can affect your business and what happens in the case of an Employment…
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How to Prepare for a Payroll Tax Audit

Like most California business owners, you’ve likely kept diligent financial records and have never tried to defraud the government on your taxes. However, if the state targets you for a payroll tax audit, it may understandably cause you…
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How Can Entrepreneurs Find Trustworthy People?

Trust is an internal barometer that each of us has calibrated over time — yet we sometimes end up disappointed and frustrated with people we thought we could trust. With human behavior as unpredictable as it is, how much trust can you place…
Image of a calculator IRS in an audit

IRS Appeals: What Are Your Options?

Audits from the IRS are not only stressful, but they can also disrupt your business and force you to change your operating practices. Some companies can afford to absorb the new additional taxes. For others, appealing an audit decision may be…
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7 Things Small Business Owners Should Reconsider Handling Themselves

If you’re a small business owner, you probably consider yourself a jack-of-all-trades. That’s not necessarily a bad thing — it’s a trait that likely got your company off the ground in its earliest phases. Without a full complement of…
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Small-Business Hiring: Who Should Be Your First Employee?

You’ve decided it’s time you hire some extra help for your business. Congratulations! That’s a big step and a sign of growth. Being a small-business owner means knowing how to do everything yourself. The hours are grueling, and the…
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Are You Maximizing Your Small Business Tax Deductions?

The lifeblood of every business activity is money, and small business owners need to hold on to as much of it as possible to keep their companies afloat. The IRS gives small business owners some wiggle room in the form of tax deductions.…