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.
https://www.caltaxadviser.com/wp-content/uploads/iStock-1372085619.jpg 1381 2170 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-05-03 11:26:082023-05-03 11:26:10Understanding the New IRS Rules for Electric Cars
The use of electric cars is becoming increasingly popular due to its environmentally friendly nature. As a result, the government has put in place new IRS rules aimed at promoting the use of electric cars.
https://www.caltaxadviser.com/wp-content/uploads/iStock-614840826-1.jpg 1415 2119 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-04-16 21:20:202023-04-16 21:20:23What to Do If You Receive a Notice of IRS Audit
In this blog post, we’ll discuss what an audit is, why the IRS might audit you, and what you should do if you receive a notice of IRS audit.
https://www.caltaxadviser.com/wp-content/uploads/iStock-1328634710.jpg 1414 2121 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-04-09 13:21:512023-06-29 15:05:32The Consequences of Not Responding to an IRS Audit Notice
Not responding to an IRS audit notice can lead to you losing your rights as a taxpayer.
https://www.caltaxadviser.com/wp-content/uploads/iStock-1409298717.jpg 1355 2214 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-04-02 11:56:242023-03-03 13:42:49Common Myths About IRS Audits and the Truth Behind Them
Despite being a common occurrence, there are many misconceptions about what IRS audits are and how they work. Whether you're a small business owner, freelancer, or a salaried employee, it's important to have a clear understanding of what to expect from an IRS audit so you can approach it with confidence and be prepared to defend your tax return.
https://www.caltaxadviser.com/wp-content/uploads/iStock-1397833533.jpg 1414 2121 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-03-26 11:45:512023-03-03 13:42:49Common Causes of IRS Audits and How to Avoid Them
The Internal Revenue Service (IRS) is responsible for upholding federal tax laws and ensuring that individuals and businesses comply with them
https://www.caltaxadviser.com/wp-content/uploads/iStock-1175960453.jpg 1409 2127 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-03-19 11:33:202023-03-03 13:42:49IRS Audit Checklist: What to Expect and How to Prepare
IRS may select your tax return for various reasons, including random selection, suspicion of incorrect reporting, or because your return is different from others in your demographic.
https://www.caltaxadviser.com/wp-content/uploads/iStock-1401457938-1.jpg 1414 2121 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-03-12 11:24:212023-03-03 13:42:49What is an IRS Audit and How Does it Work?
An IRS audit is a review of your tax return to ensure that you have accurately reported your income, expenses, and other tax-related information.
https://www.caltaxadviser.com/wp-content/uploads/iStock-655260026.jpg 1404 2134 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-03-05 09:40:002023-05-10 08:39:04Will There Be More IRS Audits This Year?
As the tax season approaches, many Americans are wondering what changes they can expect from the IRS, especially given the recent funding allocated to the agency through the Inflation Reduction Act. This bill, passed by Senate Democrats…
https://www.caltaxadviser.com/wp-content/uploads/iStock-1294070596.jpg 1414 2121 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-03-05 05:18:002023-03-03 13:42:49Should You File Delinquent Returns If You Can’t Afford to Pay?
One common question that clients often ask is whether they should file their delinquent tax returns if they can't afford to pay the taxes owed. The answer is always yes. It is better to file your tax return and work out a payment plan with…
https://www.caltaxadviser.com/wp-content/uploads/iStock-1327075959.jpg 1414 2121 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-03-04 06:55:002023-03-03 13:42:49Your Checklist to Prepare for IRS Audits in 2023
What To Do If You Receive an IRS Audit Letter If you receive an audit letter from the Internal Revenue Service (IRS), it can be a stressful and daunting experience. However, there are several things you can do to prepare for the audit and…
https://www.caltaxadviser.com/wp-content/uploads/iStock-1259067033.jpg 1414 2121 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-03-03 12:46:442023-03-03 13:42:50The 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…
https://www.caltaxadviser.com/wp-content/uploads/iStock-1339808425.jpg 1414 2121 Amanda Rogers https://www.caltaxadviser.com/wp-content/uploads/MTL-Logo.png Amanda Rogers2023-02-26 09:31:442023-05-10 08:40:37Where Have All the CPAs Gone?
The United States is currently experiencing a severe shortage of certified public accountants (CPAs) due to a rising trend of accountants leaving their positions at both corporations and audit firms. This trend is coupled with a decline in…