EDD Audit Penalties The Employment Development Department (EDD) is a California government agency that administers employment service programs and controls and collects California’s employment payroll taxes. Additionally, EDD directs other tax and benefit programs including Unemployment Insurance (UI), Employment Training Tax (ETT), State Disability Insurance (SDI), and enforces EDD audit penalties. What Is an EDD
edd audit
Sales and Use Tax Audits
Sales and Use Tax Audits As many states begin to look for ways to boost revenues, state tax departments are increasingly looking at enforcement of current tax laws and making sure that taxpayers are in full compliance with paying their tax obligations using sales and use tax audits. One of the tax streams that states
SBOE: Why am I Being Audited?
SBOE: Why am I Being Audited? A government agency that business owners and operators are likely to be familiar with, but which may be wholly unknown to the average taxpayer, is the California State Board of Equalization. The State Board or BOE, as it is often called, has a variety of responsibilities which include monitoring
Understanding an IRS Audit
An IRS audit is a review of a business or individual’s tax return to ensure that everything was reported correctly in compliance with applicable tax laws. By law, the taxpayer is only required to pay the exact amount of tax owed, no less and no more. Consequently, if a taxpayer incorrectly reports his or her
Franchise Tax Board Audits
The Franchise Tax Board of California (FTB) is like any taxing entity in that it ensures taxpayers compliance through the use of audits. An FTB audit is a formal inspection of your books and records in connection with your personal or business tax returns. The purpose of an audit is to ensure that you as