On behalf of Janathan L. Allen, APC posted in Delinquency on Tuesday, December 9, 2014. Imagine that you get your W-2s and other relevant tax information in the mail in early January. "No problem," you think to yourself. "I have plenty of time to get my taxes done." A couple...
How Long Should I Keep My Business Tax Records in San Diego?
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Tax Controversy on Monday, December 1, 2014. There is no statute of limitations upon many California tax authorities, and their ability to go into prior years in pursuit of additional revenues. A statue of limitations in this case...
Millions of Dollars Of Credits Are Frozen In Taxpayer Accounts
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Tax Controversy on Monday, December 22, 2014. According to a recent report from the Treasury Inspector General for Tax Administration, the Internal Revenue Service has failed to take action to resolve millions of dollars in so-called "frozen credit...
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...
Taxpayer Cannot Avoid IRS Mail And Later Challenge Tax Liability
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Audits on Tuesday, December 16, 2014. Anytime a taxpayer is contacted by the Internal Revenue service, the taxpayer should take notice. The failure to timely respond or even respond at all can have significant consequences for a taxpayer....
Taxpayer Cannot Avoid IRS Mail And Later Challenge Tax Liability (Part 2)
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Wednesday, December 17, 2014. Tax Court Holds Mr. Onyango Cannot Dispute 2006 Tax Liability Mr. Onyango argued that he could challenge his 2006 tax liability under the tax code section allowing a taxpayer to challenge...
The Effects of the Foreign Account Tax Compliance Act
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in FATCA on Sunday, December 21, 2014. The Foreign Account Tax Compliance Act, or "FATCA" as it is known, passed in March 2010, "targets tax non-compliance by U.S. taxpayers with foreign accounts." The FATCA is concerned with reporting by...
Treasury Inspector Says IRS Can Improve Processing of Frozen Credit Accounts
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Tax Controversy on Tuesday, December 23, 2014. While the IRS does have certain procedural requirements and standardized systematic checks in place to identify and resolve most frozen credit accounts, the recent Treasury Inspector General for Tax Administration (TIGTA)...
When Are Tax Returns Confidential And Privileged From Production? (Part 1)
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Wednesday, December 10, 2014. California is one of the few states that holds tax returns may be privileged and not subject to discovery during civil litigation, except under certain circumstances. The privilege applies to both state...