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This week the IRS has introduced additional tax relief solutions for American taxpayers. One of the biggest changes is a modification to the new $250,000 payment plan that I recently wrote about in a previous post. Due to COVID-19, the IRS has expanded their payment plans available for individual...
Today is the last day for California businesses to file payroll tax information with the  California Employment Development Department (EDD) in order to avoid penalties and interest. The filing due date for the third quarter of 2020 (July-September) was October 1, but the EDD will not impose pena...
Proposition 22 It is on the November 3, 2020 ballot in California.The goal is to exempt ride sharing and food delivery app based workers as employees and classify them as independent contractors. Uber, Lyft, Doordash, Postmates and Instacart financed Proposition 22. Current independent contractor...
The IRS has created a new payment plan that is unprecedented in size. They will allow taxpayers with tax debts of up to $250,000 to enter into an Installment Agreement (IA), also known as a monthly payment plan. Previously, the largest payment plan allowed was $100,000. As long as the tax debt ca...
The IRS has announced this week that they will start to mail out notices for unpaid tax debt. They had suspended the notices in May 2020 due to their inability to timely process mail sent to the IRS because of COVID-19. This series of notices can lead to IRS seizures through a tax levy on assets ...

Howard Richardson

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