What is the California Waters Edge Election and how does that affect taxation for certain taxpayers with offshore business income and assets? The California water's edge election was established in 1986 and was designed to restrict California's "application of the worldwide combined reporting method of determining income from California sources." Instead...
FTB Increases Audit and Collections Capabilities
The FTB's investment in new IT systems is starting to pay off for the California tax agency. The FTB increases audit and collections capabilities thanks to the integration of several IT platforms that allow the agency to collect more information "upstream" that inform FTB agency actions after returns are submitted....
Change in Leadership at the California Board of Equalization
There has been a change in leadership at the California Board of Equalization or BOE. The new Executive Director David Gau is a graduate of San Diego State University. Director Gau began as an auditor with the BOE in 1981, and has contributed at many levels throughout the BOE, most...
California Tax Return Preparation
If you need assistance with California tax return preparation or filing, or face issues with the FTB, EDD, or BOE regarding a tax collection, wage garnishment of levy we invite you to contact the experienced tax, accounting, business and legal professionals at Allen Barron. We are uniquely positioned to assist...
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. ...
Retired California Deputy Sheriff Fined More $155k For Failing To Report Income
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Sunday, November 2, 2014. Laura Means, a retired California deputy sheriff, recently received a 15-year prison sentence, as well as significant monetary fines, after being convicted on various criminal counts, including grand theft, money laundering,...
If You Have Been Audited by California’s FTB You Can Plan on Subsequent Audits for 3 Additional Years
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Sunday, November 30, 2014. If the FTB has elected to audit your tax returns you should be exceptionally wary, and employ the experienced tax attorneys at Allen Barron to protect your interests and minimize potential...
Combining Labor, Installation and Construction Can Generate Complicated Tax Issues for San Diego Businesses
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Tuesday, November 25, 2014. I find that most questions of sales tax seem to be pretty straight forward for most experienced San Diego business clients. But if your business model involves a strategy that combines...
California outlaws ‘zapper’ software for businesses
On behalf of Janathan L. Allen, APC posted in Tax Controversy on Wednesday, January 29, 2014. As is the case in many areas of the law, it can take some time for the rules and regulations to catch up with the technological advancements of our time. Tax law is no...