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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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…
How long does an IRS Audit take represented by a clock and a gavel
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How Long Does an IRS Audit Take? [VIDEO]

The duration of an IRS audit can be a period of uncertainty for many taxpayers. John Milikowsky, founder of Milikowsky Tax Law, breaks down what to expect time-wise when you're faced with an IRS audit, whether you're an individual taxpayer…
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IRS Audits: Common Questions [Part 1: VIDEO]

At Milikowsky Tax Law, we frequently encounter questions from clients about the intricacies of IRS audits. It's essential to understand the process and the expectations to navigate these situations effectively. Below, John Milikowsky, founder…
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Tips Before Engaging in an EDD Audit in 2024

Facing an Employment Development Department (EDD) audit can be challenging for any business owner. With the complexities of tax laws and the potential financial implications at stake, it's crucial to be well-prepared before entering into such…

How to Get Audited By EDD: Let’s Talk Triggers

No one WANTS to get audited - and certainly no one is looking for advice on how to trigger an audit by EDD. So why is this blog called How to Get Audited by EDD? Because the surest way to get audited is to make the mistakes covered in the video…
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How to Get Audited by IRS in 2024

Navigating tax season can be a nerve-wracking experience, especially for those wary of catching the eye of the IRS. But fear not! By understanding common triggers for IRS audits and taking proactive steps to address them, you can minimize your…
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Navigating EDD Audits: 3 Steps to Take to Protect Your Business

Facing an EDD audit resulting in an assessment can be a daunting prospect for any business owner. The steps you take immediately upon receiving notice of such an audit can significantly impact the outcome and potential consequences for your…
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IRS Audits: Common Questions [Part 2:VIDEO]

Navigating an IRS audit involves understanding and complying with specific document requests, particularly concerning expense verification. In this second installment of our common questions series, John Milikowsky, founder of Milikowsky Tax…