Tag: IRS Audit
If you have ever wondered why your business in San Francisco, California, gets charged so much tax, it is because successful businesses are where the money is and the government wants as much of it as possible.
Safe Harbor LLP Announces New Post on Finding a Startup Tax Accountant for San Francisco New Businesses
May 31, 2019 – San Francisco, California. Safe Harbor LLP, recognized as one of the leading accounting firms for startups not only in San Francisco or the Bay Area but throughout California, is proud to announce a new post for entrepreneurs on the hot topic of finding a tax accountant for startups.
If you should receive an unsolicited letter from the IRS informing you of an audit the first thing to do is not to panic. Small businesses and individuals are subject to an IRS audit at any time, and as California residents we can also be subject to an FTB (Franchise Tax Board) audit.
It seems social media is rife with misunderstandings creating unnecessary angst in people. Someone posts a snarky comment and then someone else misreads the post and fires back with a nasty reply. This downhill posting string creates a tangle of attacks and confusion.
Of all the most panicked calls that we get, none are more heartbreaking than those people who have received a letter from the IRS. Many of these people are very honest taxpayers, but they are very intimidated by having an official government agency send them correspondence which may be less than friendly in terms of […]
We who live here in San Francisco enjoy one of the world’s best climates, a vibrant entrepreneurial scene, restaurants, and… high incomes. The average per capita income in the Bay Area is much, much higher than that of the USA as a whole, and many San Franciscans either have their own business or work for […]
Receiving a letter from the Internal Revenue Service can be a pretty scary thing. Most of us, after all, look forward to getting the daily mail. It might be a ritual to look through your mail, looking for bills, looking for letters from grandpa or grandma, looking at interesting catalogs or publications, and even occasionally […]