We invite you to listen to ABCast Episode 6 - Tax Services as Jan and Neil discuss the domestic and international tax services provided by Allen Barron. In ABCast Episode 6 - Tax Services the conversation focuses upon the wide variety of tax related services provided by Allen Barron, Inc....
Reduce Capital Gains When Selling a San Diego Business
There are several strategies to reduce capital gains when selling a business in San Diego or anywhere in California. This will require important steps to be taken prior to the completion of the transaction, as well as implications based upon the application of the proceeds. The structure of the transaction...
When Should You Consider Tax Preparation Services at Allen Barron
When should you consider tax preparation services at Allen Barron? What should you ask of our San Diego tax preparers? If your Adjusted Gross Income (AGI) falls below $73,000 the IRS provides a free filing option, and that's probably best for those situations. If you are single or married,...
The Earned Income Tax Credit and How the IRS Preserves its Integrity
In 2019, 25 million eligible workers and families received about $63 billion in Earned Income Tax Credit (EITC) payments, a federal tax credit offered to provide hardworking American workers and families with financial assistance.? While the EITC has recently come to the forefront, the EITC program has been benefitting low-...
W-2’s and Guidance on Reporting Qualified Sick Leave Wages and Qualified Family Leave Wages Paid Pursuant to the Families First Coronavirus Response Act
As your business begins the process of filing a Form W-2 for each employee, it's important to remember that the IRS requires employers to report the amount of qualified sick leave wages and qualified family leave wages paid to employees under the Families First Coronavirus Response Act, P.L. 116-127, on...
Do You Need a Tax Attorney During Your San Diego Divorce
When do you need a tax attorney during your San Diego divorce and when should you involve us in the process? My name is Janathan Allen, and after decades of work as a tax attorney I can tell you that it is important to consider the tax ramifications of the...
Allen Barron is Your Single Source for Any California IRS or International Tax Issue
Allen Barron is your single source for any California IRS or international tax issue. The integration of tax, legal services, accounting and business advisory services in a single source ensures you receive the right answer to any question or challenge. Our integrated perspective will ensure you are able to integrate...
Take Advantage of Recent Tax Laws for Real Estate
How can you take advantage of recent tax laws for real estate regarding investment property or rental real estate in San Diego? Why should you consider this form of investment in the years to come? I recently presented in a seminar entitled "Do You Want To Learn How to Take...
Tax Preparation for S Corporation Shareholders
Tax preparation for S Corporation shareholders is quite complicated. While there are substantial advantages for many owners or shareholders of an S Corporation there are also substantial risks which can lead to an IRS audit. Corporations which elect subchapter S tax status allow income to pass through to the shareholders...