By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Audits on Tuesday, September 22, 2015. The IRS and the US Treasury have issued temporary guidelines that affect the taxation of individuals and corporations who move goods and services between associated entities. Transfer pricing is generally defined as...
Audits: California tax filers should ensure correct information
On behalf of Janathan L. Allen, APC posted in Audits on Friday, January 24, 2014. As tax season gets underway, many California individuals may be looking forward to and planning what to do with their tax refund. While looking forward to a return can keep the idea of taxes a...
A few common reasons that a tax audit occurs
On behalf of Janathan L. Allen, APC posted in Audits on Monday, February 24, 2014. One of the common myths about a tax audit is that some tall, ominous-looking man in a black suit -- complete with shades and a hat -- will come knocking at your door, asking you...
IRS Audit Enforcement 20% Lower than 2010 According to USA Today
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Friday, March 20, 2015. The USA Today released an article yesterday citing the "Center on Budget and Policy Priorities" which stated the IRS has 20% less resources for enforcement today than in 2010. So is it...
Effective Employment Contracts and Questions of Independent Contractor Relationships
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Business & Contracts on Friday, November 20, 2015. Effective employment contracts are one of the anchors of a successful and profitable business here in San Diego. What are a few effective strategies to include in an employment agreement,...
IRS Audit Strategy Tightens Due to Budget Cuts
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Audits on Monday, November 9, 2015. The IRS has been forced to tighten it's audit strategy due to recent budget cuts, and IRS Commissioner John Koskinen clearly attaches the reduced number of audits to a 10% cut in...
California BOE Loses Another Appeal – This One Relating to Software
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Audits on Wednesday, November 4, 2015. The California Board of Equalization or BOE has lost another appeal, this time relating to the assesment of sales tax on the sale of software by Lucent Technologies. California law prohibits the...
California Rebates and Credits May Create IRS Tax Liability
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Tuesday, October 13, 2015. You must be cautious when analyzing the financial impact of California or local agency "rebate" programs, or incentives. In some cases, these measures can actually translate to additional taxable earnings from the...
IRS Chief John Koskinen Under Increased Pressure
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Audits on Monday, October 12, 2015. IRS Chief John Koskinen continues to experience pressure from many political directions, growing out of IRS audit targeting and the treatment of political groups by the agency over the past several years....