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CAN YOU BE PERSONALLY LIABLE FOR YOUR FORMER BUSINESS’ OR EMPLOYER’S CALIFORNIA UNPAID SALES TAXES?

June 3, 2020

Sales taxes are a significant obligation for many California businesses.  Businesses subject to sales tax are required to collect the sales taxes from their customers, file quarterly sales tax returns, and timely pay the taxes owed for each quarter to the California Department of Tax & Fee Administration (“CDTFA”).

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BBA Partnership Tax Provisions and Bankruptcy– A Recipe for Disaster, Part 1

May 27, 2020

Some of us practitioners are old enough to have endured the transition to the TEFRA Partnership audit provisions from the unwieldy pre-TEFRA rules that required the IRS to audit the tax returns of all partners in a tax partnership in order to assess deficiencies resulting from adjustments to Forms 1065 filed by those partnerships.  That transition required a considerable learning curve.

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