On behalf of Janathan L. Allen, APC posted in Audits on Wednesday, February 12, 2014. Michael Jackson was larger than life, but even in his death he remains in the headlines. Sadly, the headlines haven't been too uplifting, and the most recent example of this only strengthens that sentiment. The...
Californians with Foreign Accounts and Property Need a Tax Attorney Not Just a CPA
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in FBAR on Monday, May 26, 2014. Californians represent the largest portion of those with unreported Swiss financial accounts, and anyone with unreported foreign assets or accounts needs an experienced tax attorney, not simply a CPA. Why? The primary reason...
New law would forgive back taxes of elderly
On behalf of Janathan L. Allen, APC posted in Back Taxes or Tax Debt on Monday, August 18, 2014. The proposed law that we are about to talk about won't apply here in California -- but the idea it proposes is an interesting one. Pennsylvania lawmakers will consider a rule...
IRS Audit: The Importance Of Retaining Your Records
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Sunday, October 19, 2014. An Internal Revenue Service audit is when the IRS reviews an individual's or a company's financial records and accounts to make sure that information is being properly reported and to verify the taxes...
Sales and Use Tax Can Be a Murky Subject for Many San Diego Businesses
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Monday, November 24, 2014. San Diego businesses are responsible for the collection of sale or use tax, as well as reporting and paying those taxes in a timely manner to various California taxation authorities. Tax...
Netflix Claims That Former Officer Received Improper Kickbacks
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Business & Contracts on Friday, December 26, 2014. Netflix Inc. has filed a lawsuit against Mike Kail, its former Vice President of IT operations, claiming that he improperly accepted kickbacks from vendors. Mr. Kail is now the Chief...
WHAT TO DO WHEN THE IRS CALLS
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Monday, August 18, 2014. Our office received a call last week from a highly agitated client who was concerned about a voice mail left by someone allegedly from the IRS demanding that the client return the...
What is an IRS “Offer in Compromise” and Why Do I Need a Tax Attorney to Submit One?
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Back Taxes or Tax Debt on Tuesday, October 14, 2014. An "Offer in Compromise" is a basically a proposal to the IRS to resolve a tax debt for less than the full amount due. Some taxpayers feel comfortable...
Bitcoin labeled as property by the IRS
On behalf of Janathan L. Allen, APC posted in IRS on Wednesday, March 26, 2014. Bitcoin has been in the news quite a bit recently, as the controversial virtual currency continues it's up-and-down trend after being released in 2009. Bitcoin is an unregulated virtual currency that can be sent from...