Law Offices of Robert T. Leonard, APC
Free Consultations Available
Toll Free 888-408-9486

Los Angeles Tax Law Blog

What differences will the new tax law bring?

The new Tax Cut and Jobs Acts, also known as TCJA, has changed expensing, tax credits, deductions, and depreciation for business tax filers. There have also been recent changes that were designed to affect individual taxpayers that have had ramifications for how businesses file their taxes as well. Both businesses and individual who report self-employment income should review these changes to determine how it will affect their business situation. 


Do safe harbor provisions for an IRS payroll audit apply to you?

If the IRS determines that your contractors qualify as employees, your business could face fines and legal penalties. One way to avoid these penalties is qualifying for Section 530 relief, a "safe harbor" provision for employers of contractors.

Know your rights during an IRS audit

Receiving notice that you have been selected for an Internal Revenue Service audit is not a cause for panic. You have rights as a taxpayer, even during an audit, and understanding those rights can help you better navigate the audit process.

An IRS audit is an examination of your financial information to verify that it was reported correctly on your tax forms. You might have been selected for an audit as part of a random check, if something on your tax return did not fit an expected pattern or if you had transactions with others who have been selected for audit.

Employers may be eligible for new paid family leave tax credit

The 2017 Tax Cuts and Jobs Act created a credit for some employers, and the IRS has finally issued guidelines businesses can use to apply for this paid family leave credit.

Businesses who paid family or medical leave to employees during 2018 and 2019 may qualify. During this same time, employers who set up or updated their paid family leave policies could also receive a retroactive credit.

CROS: Is your business struggling with the new tax filing system?

"That's a distinction without a difference." You likely have heard that phrase before. What it aims to point out is a fault in someone's logic. Typically, it is evoked when a speaker tries to propose that two things are different when no difference actually exists.

Such a rebuttal does not appear appropriate applied to California's new tax management system. In development since 2010 and finally launched in May, the system is touted by officials as one that simplifies business sales tax reporting, increasing revenue. What they appear to have not anticipated was that it is so different from what came before that filers are stymied by it

Will CA Supreme Court ruling make it harder to hire contractors?

A recent ruling from the California Supreme Court will have business owners across the state questioning whether they need to re-classify independent contractors as employees. The ruling could have serious ramifications for employers and employees connected to the state’s growing “gig economy” companies.

In a unanimous ruling, the court found that for a worker to be correctly classified as an independent contractor, businesses must prove that the worker meets all three of the following conditions:

Handling An EDD Audit

When most people hear the term “audit,” they think of the IRS. They also think of a confusing process that can take months or years. In California, business owners need to be aware that an audit by the state Employment Development Department (EDD) can also have costly results if not handled properly.

These audits typically look at whether a business is meeting its payroll tax obligations and providing the proper benefit coverage that employees are entitled to. Disputes usually arise over a company’s classification of some workers as independent contractors, who are not entitled to benefits.

Millennials and taxes: Avoid these three big mistakes

Taxes are complex. There is rarely a simple answer to a tax matter. However, one question often does have a simple answer: do I need to file taxes? Millennials are often struggle with this question. The wrong answer to this, and two other common errors, can cause serious problems.

One big problem to watch out for: becoming the subject of an audit by the Internal Revenue Service (IRS).

Answer this before using online, do-it-yourself tax software

Frugality is often beneficial, but there are certain situations when a good deal ends up costing a lot more than expected in the long run. This can be the case when using a low cost, do-it-yourself tax software program. These programs are not always bad, some tax filers find these systems helpful and may benefit. However, others could set themselves up for additional problems in the future.

So how do you know which category you fit into? Should you use the tax software or find another method of tax preparation services? Ask yourself these three questions to help find the answer:

Will the new tax law lead to more tax scams?

Tax filers beware: scammers are working hard this tax season. Their attempts generally increase this time of year, as tax payers are putting together their filings. However, it is likely that fraudsters will find even more success this year as confusion over the new tax law abounds throughout the country.

Tax payers can take steps to protect themselves from becoming a victim. One of the most important steps is to gather some basic knowledge about how the Internal Revenue Service (IRS) works. One tip that will help reduce your risk of becoming a victim: it is extremely unlikely that the IRS will call you. The agency is also unlikely to reach out through an email or via social media. Any attempts using these methods are likely a scam.

Send Us A Quick Message

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Law Offices of Robert T. Leonard, APC

Woodland Hills Office
21700 Oxnard Street
Suite 2060
Woodland Hills, CA 91367

Toll Free: 888-408-9486
Phone: 818-224-7935
Fax: 818-587-3833
Woodland Hills Tax Law Office

Los Angeles Office
10100 Santa Monica Blvd.
Suite 300
Los Angeles, CA 90067

Toll Free: 888-408-9486
Phone: 818-224-7935
Fax: 818-587-3833
Map & Directions

Call Today