We at Allen Barron wish to extend Seasons Greetings to all of our friends and clients throughout San Diego and across the United States. We are very thankful for the business and personal relationships we share, and the opportunity to be of service. Allen Barron is uniquely positioned to provide business advice, legal counsel, tax preparation, accounting and tax related services to business and individual clients. Our extensive international experience informs the legal and tax services we provide to clients with offshore bank accounts, income and assets as well as those who conduct business in a foreign country.
2015 has brought significant developments in US tax law, especially in the area of FATCA and FBAR compliance with the IRS. Those with offshore bank accounts, investments, assets, real property, commercial interests and other sources of income witnessed a dramatic breakthrough in the IRS’ ability to locate offshore accounts and assets and associate them to specific US taxpayers. Safe havens and concealing assets and income abroad has become significantly more challenging, and the loopholes will become smaller and smaller in the coming year.
We enjoyed many significant victories against the IRS this year, and many of our business clients are enjoying strong growth and profitability. We greet this season of the year with joy and gratitude. If we can be of service in any business, legal, accounting or tax related issue we invite you to contact us for a free consultation at 866-631-3470.