1099 vs. W2: Understanding the True Cost of Employment

An advertising illustration of a person juggling "1099" and "W-2" icons, depicting the complexities of worker classification.

This blog post clarifies the critical differences between 1099 independent contractors and W-2 employees, detailing the true costs of each, including taxes, benefits, and legal risks, with a focus on California’s ABC test.

Common Misconceptions About Bulk Sales Tax

A geometric illustration with contrasting black and white shapes representing the balance between buyers' and sellers' responsibilities in a bulk sale, with "Bulk Sales Tax" integrated as a repeating pattern.

This blog post clarifies common misconceptions about bulk sales tax, including the nature of the tax, liability responsibilities, and the implications of successor liability, offering essential tips for navigating this complex area.

Year-End Tax Strategies: A Smart Business Owner’s Guide to Saving Money

A collage illustration depicting various elements related to year-end tax planning, including a calculator, financial documents, a piggy bank, and a clock, with the keyword "Depreciation" incorporated.

The holidays are approaching, and while you’re busy making plans for festive celebrations and well-deserved time off, don’t forget about your year-end tax planning! At XOA TAX, we believe that a little proactive planning can go a long way in maximizing your tax savings. Think of us as your friendly financial coaches, here to guide […]

What Do IRS Auditors Look For? Using ATGs to Avoid Tax Audits

An advertising illustration of a smiling taxpayer confidently holding an "Audit Techniques Guide."

Hey everyone, it’s XOA TAX, your trusted source for all things tax-related. Ever wished you could peek behind the curtain and see what IRS auditors are looking for when they review tax returns? Well, you actually can! The IRS publishes Audit Techniques Guides (ATGs) that provide valuable insights into their audit procedures for specific industries […]

Do you wish to continue with the call?

Please provide your phone number and we will contact you within 2 hours

You have successfully submitted your phone number

Please provide your phone number and we will contact you within 2 hours

You have successfully submitted your phone number