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.

For CPAs: Once Tax Season is Over, Audit Season Begins (We’ve Got You)

As a Certified Public Accountant (CPA), you know that the end of tax season doesn’t mean a break from the action. Just as the dust settles from tax filings, audit season kicks off. At this important time, having a robust strategy and support…
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IRS ERC Crackdown: 9 Red Flags Business Owners Must Review

The IRS is intensifying audits of Employer Retention Credit (ERC) claims. With over a million ERC applications received, totaling $86 billion in credits, the IRS is carefully scrutinizing each claim. Here are nine red flags that could trigger…
EDD Employee Misclassification Audit
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How to Prepare for an EDD Misclassification Audit

As a business owner the best way to prepare for, or avoid entirely, an audit from the Employment Development Department (EDD), is to make sure that you’re correctly classifying your employees. Whether your employees W-2 or 1099 employees or…
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Can SBA Audit a PPP Loan That is Already Forgiven?

Recently, businesses have experienced an increase in inquiries from the Small Business Administration (SBA) regarding the forgiveness of Paycheck Protection Program (PPP) loans that were previously forgiven. This raises a critical question:…
IRS Audit scrutiny a check mark to indicate audit
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5 Red Flags That Can Trigger an IRS Audit in 2024 [VIDEO]

As we move into 2024, the IRS continues to refine its focus during audits. Following are five areas of scrutiny that could trigger an IRS audit. Addressing these can help business owners safeguard against unwanted IRS attention. 1. Inaccurate…
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Secrets to the EDD Audit

Facing an EDD audit can be a nerve-wracking experience for any business owner. With potential assessments and disputes looming, it's crucial to approach the process with preparation and strategic insight.  John Milikowsky,  CEO…

Safeguarding Your Finances: Why You Need a Criminal Tax Defense Attorney in San Diego

Dealing with criminal tax charges can put your financial well-being at risk, making it crucial to seek the expertise of a skilled criminal tax defense attorney. In San Diego, having a knowledgeable legal advocate by your side can make all the…
a rubber stamp sitting on top of a piece of paper next to a keyboard
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The CPA’s Guide to Helping a Client with an SBA PPP Loan Forgiveness Denial

When the COVID-19 pandemic wreaked havoc on small businesses, the U.S. government stepped in to offer some relief in the form of SBA PPP (Paycheck Protection Program) loans. Those loans were designed to help businesses keep their doors open…
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Don’t Be Duped Into Filing Unfounded ERC Claims (You Could Open Yourself Up to Criminal IRS Investigation)

As part of its annual Dirty Dozen campaign, the Internal Revenue Service (IRS) is warning businesses and individuals to steer clear of aggressive promoters offering questionable claims for the Employee Retention Credit (ERC).  These…
CPA vs Tax Attorney: What’s the difference?
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CPA vs Tax Attorney: What’s the Difference?

In some cases, it may be difficult to distinguish what your CPA is capable of helping you with and which tasks are better suited for a tax attorney. Both are experts when it comes to tax matters but in different ways.  While your CPA…

Answering Common IRS Audit Questions: Part 2

Facing an IRS audit can be challenging, but having the right information can help alleviate concerns and ensure a smoother process.  John Milikowsky, founder of Milikowsky Tax Law, shares expert insights and answers to common questions…
A maze representing the complexity of the IRS Audit Lifecycle
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What is the Lifecycle of an IRS Audit? [VIDEO]

Understanding the lifecycle of an IRS audit is crucial for any taxpayer faced with this daunting process. An audit can touch upon various aspects of your financial history, and being prepared at each stage is key. This guide will walk you through…