There are several possible mergers and acquisitions strategies for 2016 for a San Diego business. What is the best opportunity for your business to grow? What are your long term plans as the owner of the business? Are you planning a merger, acquisition or the sale of your company? How...
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California Lawmakers Work to Eliminate Conflict of Interest for BOE Tax Board
California lawmakers are working on legislation that would eliminate potential conflict of interest for the Board of Equalization or BOE tax board. California has the only elected tax board in the country, and there are concerns regarding contributors to board members campaigns and decisions by the board on tax related matters. ...
IRS May Question your 2014 Earned Income Tax Credit or EITC
The IRS has announced that many US taxpayers who claimed the 2014 Earned Income Tax Credit or EITC may receive a letter from the IRS questioning their deduction. The IRS has issued a notification that says many taxpayers will receive a 5621 Form Letter, a 5621-A or both, informing them...
If Business Litigation Erupts the Source of It is Usually the Underlying Business Contract
If you are involved in business litigation or a business dispute the source of it is usually the underlying business contract. The quality of your business contracts in every area of operation will determine the success and profitability of your company. Start 2016 on the right foot and have Allen...
Allen Barron Provides Insight and Assistance with the IRS Fresh Start Program
What is the IRS Fresh Start Program and how can it be an option to consider if you live in the San Diego area and owe back taxes to the IRS? The IRS Fresh Start Program was designed to help those who owe the IRS for delinquent or unpaid back...
Asset Purchase or Stock Purchase – How To Acquire a Competitor
There are generally two ways to expand your business and acquire part or all of a competitor or another business: a stock purchase and an asset purchase. The stock purchase is used to purchase the company as a whole. You will own all aspects of the company including its customer...
You Have the Right to Appeal California and IRS Tax Collections
US and California taxpayers have the right to appeal California and IRS tax collections. The IRS and California's BOE, EDD and FTB have extensive powers to put levies against your bank accounts, as well as file a wage garnishment and reduce your paycheck. They can place liens against your house...
US Has Now Reached FATCA Agreements with 75 Swiss Banks
An agreement reached just before Christmas means that the US has reached FATCA agreements with 75 Swiss banks. The US Department of Justice has confirmed penalties exceeding $178 Million from 4 Swiss bank agreements including: Banque Cantonal du Valais (BC Valais) Gonet & Cie or simply Gonet Bank J. Safra...
Allen Barron Protects You From California and IRS Collections
Allen Barron protects our clients from the aggressive tactics of California and IRS Collections agents including wage garnishment and bank levies. The inability to pay the entire amount of taxes you owe the IRS or California does not make you a criminal, and there are several strategies that Allen Barron...