California Residency and Taxes: What the FTB Looks For When You Leave the State A Complete Guide to Establishing Non-Residency and Avoiding FTB Audits Every year, thousands of Californians relocate to states with lower—or no—income taxes. Nevada, Texas, Florida, Arizona, and Washington have become popular destinations for individuals and business…
S-Corp Tax Mistakes That Trigger IRS Audits (And How to Avoid Them) Electing S-Corporation status for your business can provide significant tax advantages, including avoiding double taxation and potentially reducing self-employment taxes. However, these benefits come with strict compliance requirements that the IRS monitors closely. When S-Corp owners cut corners…
Making 2026 the Year You Take Control of Your Taxes As we step into 2026, many taxpayers find themselves carrying the weight of unresolved tax issues from previous years. Whether you have unfiled returns, outstanding tax debt, or looming concerns about potential audits, the new year presents a perfect opportunity…
There’s a moment that changes everything for someone drowning in tax debt. It usually happens at 2 a.m., staring at an IRS notice that might as well be written in ancient Sanskrit. The numbers blur together—$50,000, $1,000,000, maybe much more—and the weight of it feels like trying to breathe underwater.…
If you’ve been following tax news lately, you might have heard about two significant bills that just passed the House of Representatives. But what do they actually mean for you as a taxpayer? And more importantly, how can they help if you’re facing IRS penalties or disputes? As a Los…
Nonprofit Taxpayers: What to Do If You Haven’t Filed Tax Returns in Years—A Complete Guide to Accounting, Bookkeeping, Compliance, and Avoiding IRS Scrutiny By Mike Habib, EA – Los Angeles, CA Introduction If you’re a nonprofit leader, board member, or bookkeeper, you know your mission is to serve the public…
If you’re searching for a tax expert in Los Angeles who can help you navigate the maze of IRS and state tax issues, look no further than Mike Habib, EA. Whether you’re dealing with an audit, back taxes, or just want to optimize your tax planning, Mike brings over two…
Transfer Pricing International Tax Controversy: An In-Depth FAQ Transfer pricing is the method by which multinational enterprises (MNEs) set prices for transactions between related entities across borders, directly impacting how profits are allocated and taxed in different countries. Controversies arise due to differing national rules, the risk of profit shifting, double taxation,…
Los Angeles CDTFA Audit & Collection Representation: How Mike Habib, EA Can Help You Navigate the Process Navigating a California Department of Tax and Fee Administration (CDTFA) sales & use tax audit or collection process can be daunting, especially for businesses and individuals unfamiliar with the complexities of California’s tax…
Running a small business in Southern California is a rewarding yet challenging endeavor. Among the many responsibilities that small business owners face, payroll employment tax compliance is one of the most critical—and often one of the most stressful. Payroll tax issues, particularly those related to Form 941, can lead to…