It is important to update your trust and estate plan regularly to protect your interests and meet the changing requirements of your future while integrating changes in law and best practices to provide for every potential scenario. "We were meaning to make some changes when Bob's health rapidly declined -...
The Statute of Limitations for an IRS Audit
What is the statute of limitations for an IRS audit? What rules extend the window for an IRS audit? How long does the IRS usually have to complete an audit of your taxes? Everyone may have a little fear in the back of their minds while filing their taxes, perhaps...
The Immediate Importance of Estate Planning
What is the immediate importance of estate planning and why should any parent, business owner, homeowner, or those nearing retirement be focused on this issue? Why do most people delay one of the most critical financial and personal planning issues during their life (and after)? What changes are approaching within...
The Due Diligence of an Asset Purchase
The due diligence of an asset purchase is quite often given less priority and attention than it should (read: must) warrant. An asset purchase transaction is often quite complex financially and legally. The buyer agrees to purchase the specific assets and associated liabilities specified within the asset purchase contract. Are...
What are Fractional CFO Services?
What are fractional CFO services? What types of organizations should consider fractional CFO services for their corporation or business? What are the advantages of contracting for fractional Chief Financial Officer services? Fractional CFO services provide your company with a menu of options to offer the types of insight, analysis, financial...
Accounting Services to Support Business Clients
Allen Barron provides accounting services to support business clients here in California, across the country, and internationally. How does the quality and scope of your accounting process affect every aspect of your company from tax exposure to profitability? Allen Barron's accounting services work hand-in-hand with our tax, legal and business...
Don’t Forget About the Beneficial Ownership Information (BOI) Report
Have you forgotten about the Beneficial Ownership Information (BOI) Report established by the Corporate Transparency Act (CTA) of 2021? Owners of qualifying domestic entities, as well as those qualifying foreign entities conducting their business within the United States and/or its territories are required to electronically submit a report to the...