By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Business Advice and Counsel on Friday, December 18, 2015. It is so much more exciting to think about new growth opportunities for your business, or ways you can reduce costs and increase profitability. However, there is an important...
Over 100 Swiss Banks Have Accepted US FATCA Deal – FBAR Foreign DIsclosures Increasing
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in FBAR on Thursday, December 17, 2015. The IRS recently announced the addition of several foreign banks and institutions to its list of 50% OVDP penalty institutions. These banks have been found by the IRS to help US taxpayers...
IRS Scammer Tactics Increasingly Aggressive – Warning to Consumers
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Monday, December 14, 2015 The IRS has issued another warning concerning scammers posing as the Internal Revenue Service. Most US taxpayers can quickly spot a scam on the phone, but the scammers are becoming much more...
A Staggering 25% of Americans Fail to Claim Earned Income Tax Credit – California Link in Study
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Monday, December 14, 2015. Why do more than 25% of eligible Americans fail to claim one of the easiest credits offered by the IRS - the earned income tax credit? In a new study published by...
Corporate Governance and Compliance is Mandatory to Protect the Corporate Veil
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Compliance on Thursday, December 10, 2015. What is corporate governance and compliance and why is this mandatory to protect the integrity of the corporate veil in San Diego and throughout California and the US? The corporate veil is...
Highway funding and passport revocation: a connection, please?
On behalf of Janathan L. Allen, APC posted in IRS on Wednesday, December 9, 2015. Many California residents -- in fact, scores of millions of Americans across the country -- regularly scratch their heads over politics as they are played out on Capitol Hill. In fact, much about the country's...
Business Contracts are the Foundation of Your Company
The foundation of business transactions are contracts. Without contracts, business relationships falter, agreements are less than clear, expectations are not met and disputes arise. A sound business manager ensures that the company has effective contracts for every are of the business including: employee relationships employment handbooks, policies and procedures contracts...
Topical focus: IRS and charity-related tax reporting
On behalf of Janathan L. Allen, APC posted in IRS on Wednesday, December 16, 2015 Collectively speaking, Americans are a charitable bunch. Millions of people across the country, and certainly in California, regularly donate time, services and money to nonprofit groups and other organizations that do good in their communities....
Blended Families are Excellent Candidates for the Protections of a Trust
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Trusts on Friday, December 4, 2015. Blended families are much more common here in California, and these situations often require some estate planning to ensure that your assets are preserved for those you wish to protect as beneficiaries. ...