April 1, 2020
There is important news from the IRS. Effective immediately, the IRS will accept digital signatures and communicate electronically. You will be able...
January 22, 2018
Those who have invested in Bitcoin and other virtual currencies should take heed as the IRS establishes an enforcement initiative for cryptocurrencies...
September 18, 2017
Does your domestic entity have foreign assets which must be reported on the IRS Form 8938? The Foreign Account Tax Compliance Act...
September 5, 2017
The tax extension due dates for corporate and personal returns is approaching quickly. Important deadlines for many corporate tax returns in September...
May 16, 2017
Are you facing an IRS audit, bank levy or wage garnishment? Are you looking for an experienced San Diego IRS tax attorney...
May 15, 2017
What if you've discovered errors or omissions on your IRS tax return? How should you handle a mistake on your IRS tax...
May 1, 2017
The IRS has a separate team to evaluate transfer pricing transactions and cross-border business dealings for international businesses here in San Diego. ...
March 28, 2017
The new IRS revenue recognition standard is scheduled to take effect December 15 of this year for publicly traded corporations. Most other...
March 15, 2017
What could be more dangerous to your business than an IRS audit in San Diego? The failure to accurately collect and submit...
March 13, 2017
What does Caterpillar's ongoing battle over taxes have to do with business here in San Diego? It may surprise you to know...
February 9, 2017
If you owe the IRS more than $50k you are about to lose your passport. The US Congress passed legislation in December...
January 19, 2017
The new nominee for Treasury Secretary, Steven Mnunchin, advocates beefing up the IRS not stripping it down as most republicans advocate. Why?...
November 28, 2016
There is an interesting case which has been filed in a California Federal Court. Concerns are mounting as the IRS targets bitcoin...
November 1, 2016
Business owners should be cautious with how they manage business tangible property regulations - especially when faced with an IRS audit....
October 27, 2016
The IRS announced it has a new automated way to raise a substantial amount of taxes from US taxpayers who fail to...
October 25, 2016
If you have any ownership position in an offshore or foreign corporation it is important to understand your reporting responsibilities to the IRS. If...
October 13, 2016
United States taxpayers have attempted to use many excuses for the non-payment or under-payment of taxes. US taxpayers need to understand the...
September 19, 2016
The US House of Representatives is expected to vote on a broadly supported bill this week that is designed to limit IRS...
September 9, 2016
What would cause the IRS to target income from Uber, AIRBnB and other sharing forms of income? American University in Washington D....
August 23, 2016
Many foreign nationals live and work in the US. For those who are permanent residents or have received their green card or...
July 26, 2016
What is a PFIC and how could your offshore investments actually lead to a higher taxation rate on earned income? A Passive...
July 21, 2016
Is there a time limit placed upon the IRS when it comes to auditing your tax returns or collections of tax related...
June 28, 2016
The IRS announced plans to retire the automated PIN system for filing returns electronically, due to extensive hacking and compromised personal and...
June 3, 2016
The IRS Offshore Audits Have Begun The IRS has begun the first round of offshore income, asset and bank account reporting audits,...
May 25, 2016
Don't be distracted by the US House of Representatives hearings where they are attempting to impeach IRS Commissioner John Koskinen. The commissioner...
May 16, 2016
For all US taxpayers who have been watching developments in FATCA, FBAR reporting and the IRS Offshore Voluntary Disclosure Program or OVDP,...
May 13, 2016
A Texas court has dismissed a lawsuit against the IRS asserting that the IRS burden of proof to assess a $1.4M IRS...
May 11, 2016
One thing is clear about the massive release of additional documents in the "Panama Papers" scandal yesterday: It's only a matter of...
May 10, 2016
There is a lot about "disregarded entities" in the news recently due to a new ruling by the IRS in conjunction with...
May 9, 2016
A new batch of data in the "Panama Papers" was released this morning by the International Consortium of Journalists - the group...
May 4, 2016
There are very few safe tax havens left in the world, and the vast majority of the Swiss financial houses, banks and investment...
May 2, 2016
Why has the IRS questioned or outright rejected many of the applications under the Streamlined Domestic Offshore procedures? How has the IRS...
April 6, 2016
The attorneys at Allen Barron provide the experience and expertise to handle the needs and concerns of those who are seeking IRS lawyers...
April 4, 2016
In the past few days, news of the "Panama Papers" has revealed more than 11 million documents which contain private offshore banking...
March 25, 2016
We have been at the forefront of the IRS crackdown on offshore bank accounts, foreign investments and corporate ownership and the requirement...
March 24, 2016
What are the risks and penalties of not making a full offshore disclosure to the IRS? What happens if you have not...
March 9, 2016
How Many US taxpayers still need to file offshore disclosures and FBARs with the IRS? Should those who have not yet filed...
March 8, 2016
What are some of the tax implications of marrying a non-US citizen or permanent resident? What are some of the hidden issues...
February 25, 2016
The IRS has listed hiding income and assets in offshore accounts in its "Dirty Dozen" annual scam target list. This is yet...
February 24, 2016
The IRS continues to add more and more international banks, financial and investment firms to its list of 50% OVDP penalty institutions...
February 11, 2016
The IRS is not in the business of settling tax debt for pennies on the dollar. In fact, the idea promoted on...
February 9, 2016
You've received an IRS Notice of Deficiency in the mail, you are facing immediate modification of prior returns, and exposure to IRS...
January 27, 2016
The IRS has added 7 more Swiss banks to the 50% OVDP Penalty List in December, and now more than 100 Swiss...
January 22, 2016
What should you do if you are selected for an IRS audit? The first step you should take is to download our...
January 20, 2016
The IRS tax season has officially begun, as the Internal Revenue Service began accepting income tax returns for 2015 yesterday. Allen Barron...
January 18, 2016
International business ownership, offshore banking and investment, owning real estate outside of the US and other offshore related financial activities raise red...
January 11, 2016
If you have received a notification from the IRS of their intent to audit your tax return(s) your first step should be...
January 6, 2016
The IRS has announced that many US taxpayers who claimed the 2014 Earned Income Tax Credit or EITC may receive a letter...
January 5, 2016
The Offshore voluntary disclosure program or OVDP is by far the safest way to come into compliance with offshore bank account, investment...
December 31, 2015
There are several reasons why you should not have to pay the draconian penalties the IRS adds to many US taxpayer's tax...
December 28, 2015
The sustained downward spiral in oil prices has resulted in a lower IRS mileage reimbursement rate for 2016. The new rate will...
December 25, 2015
We at Allen Barron wish to extend Seasons Greetings to all of our friends and clients throughout San Diego and across the...
December 24, 2015
The President signed the "Fixing America's Surface Transportation Act" into law on December 4, and a portion of this act enables the...