Business Taxes, Tax Audits, Tax Liability

The Risk of California FTB Audits is Increasing

Allen Barron, Inc. on 7/18/2025

Did you know that the number of California FTB audits is increasing when compared to the trend of IRS audits in 2025? The California Franchise Tax Board, or FTB, has recently invested in advanced data processing systems and...more

New York Tax Continues to Inconvenience Nonresidents Working Remotely

Rivkin Radler LLP on 9/26/2024

Last Friday, New York’s Governor Hochul delivered the following remarks at the annual meeting of the Business Council of New York State:“Someone asked me today, are we going to raise income taxes? I said, ‘I’m not raising...more

Thinking About ‘Avoiding’ NY Tax Increases? Then Think About The False Claims Act

Rivkin Radler LLP on 4/5/2021

According to Justice Learned Hand, “Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to...more

LLC Operating Agreements And Partnership Agreements Should Be Amended To Address New Law

Buckingham, Doolittle & Burroughs, LLC on 6/27/2019

If you signed an LLC operating or partnership agreement prior to January 1, 2018, it may need to be amended to accommodate a significant new rule regarding taxation of partnerships. Effective for tax years beginning after...more

Earth-shattering tax liability means doomsday for vendors: Don’t put your personal net worth at-risk

Buckingham, Doolittle & Burroughs, LLC on 6/10/2019

Vendors selling out of state but not collecting sales tax are on a path to suffering severe financial loss. The tax liability could be astronomical – enough to devastate a business – as high as 10% or more of total sales for...more

CPA Shoptalk: 8 Takeaways

Schwabe, Williamson & Wyatt PC on 1/18/2018

On January 10th, 11th and 18th our tax attorneys ?hosted a "CPA Shoptalk" seminar in ?Portland, Vancouver and Bend. Below are ?some key takeaways to consider... 1. Partnership Audit Rules Post-TEFRA - The Balanced...more