How can Allen Barron help US, California and San Diego taxpayers to receive IRS penalty abatement? How can IRS penalty abatement substantially reduce what you owe to the IRS? There are several reasons why you should not have to pay the draconian penalties the IRS adds to many US taxpayer's...
Prepare for the New Year by Reviewing Your Trust for 2022
Ensure your financial affairs are in order, and prepare for the new year by reviewing your trust for 2022. It is important to review trust documents every 2 to 3 years. There have been many recent changes to asset protection related laws as well as the US exemptions for estate...
Establish and Manage Intellectual Property for Offshore Licensing
What steps should you take to establish and manage intellectual property for offshore licensing? You have unique ideas, processes, mechanical inventions or even software code that you would like to license to offshore partners. This is an excellent strategy to expand your business scope and profitability, and to leverage existing...
Why Was Our Tax Return Selected for an IRS Audit?
We are often asked “Why was our tax return selected for an IRS audit?” If you have received a notification from the IRS of their intent to audit your tax return(s) your first step should be to gain an understanding of what to expect from an IRS audit. You should never...