It may surprise you to learn a simple will is not enough for most in San Diego. Some people think that since they have a will all of their assets will be distributed according to their wishes as a simple transaction. Unfortunately, things are rarely that simple and wills are...
Blog
Do Not Handle an IRS Revenue Officer Interview Request on Your Own
Have you been contacted by an IRS revenue officer? You should not attempt to handle an IRS revenue officer interview request on your own. If you have received a notification in the mail requesting an IRS Revenue Officer Interview you should contact Allen Barron immediately or call today to schedule...
There is No Client Privilege for the Client of a CPA
It may surprise you to learn there is no client privilege for the client of a CPA, accountant, tax preparer or financial professional. What is client privilege and how is this important in the context of your relationship with your accountant, bookkeeper or CPA? Client privilege is a legal protection...
Don’t Panic if You Are Contacted for an IRS Audit in San Diego
Don’t panic if you are contacted for an IRS audit in San Diego. You need to know your rights and have a strategy for your IRS audit. The Internal Revenue Service sends a letter, informing you that you are being audited. No, this isn't a bad dream -- it's really...
What is the IRS Audit Statute of Limitations
What is the IRS audit statute of limitations? Is there a time limit placed upon the IRS when it comes to auditing your tax returns or collections of tax related debt? The answer is "yes" and this time limit is known as a "Statute of Limitations." Traditionally, the IRS Statute...
What If I Get Audited by the IRS or the FTB?
What should I do if I get audited by the IRS or the FTB? Better yet, what can I do to avoid a tax audit altogether? It's a fear that we all share come tax Day: what if I get audited? We don't necessarily fear an audit because we think...
More than 90 Percent of New San Diego Businesses Fail in the First 3 Years
Have you wondered why more than 90 percent of new San Diego businesses fail in the first 3 years? After decades of experience as a business owner, and as an experienced business and tax attorney I can share that the primary reason for the failure of new businesses is decision making...
What is the Difference Between an IRS Levy and a Lien?
What is the difference between an IRS levy and a lien? In the simplest of terms, the difference between a levy and a lien is that a levy actually takes property or money from your account(s) to pay for the tax debt you owe while a lien creates a legal...
When Should You Consider Tax Preparation Services at Allen Barron
When should you consider tax preparation services at Allen Barron? What should you ask of our San Diego tax preparers? If your Adjusted Gross Income (AGI) falls below $73,000 the IRS provides a free filing option, and that's probably best for those situations. If you are single or married,...