Allen Barron provides extensive tax expertise and assistance with FBAR preparation and filing to ensure compliance with all IRS requirements. If you have offshore bank accounts, investments, assets or own or control a portion of a foreign corporation you must be in full compliance with the IRS or face a...
How Will Marrying a Non-US Citizen Affect Your Taxes?
How will marrying a non-US citizen affect your taxes? What are some of the hidden issues that the IRS and California tax agencies may raise in an audit? The United States is one of the few countries who tax worldwide income. US taxpayers and expatriates must report all foreign bank...
Is Your Home or Business at Risk During a Tax Collection Process?
Is your home or business at risk during a tax collection process? Let's say that the IRS informed you that you owe the agency money for back taxes or tax debt. This isn't exactly rare, but it isn't exactly common either. When you are informed, it will likely take some...
How Can We Help With an IRS Audit in San Diego
How can we help with an IRS audit in San Diego? Most people have heard about a tax audit, and everyone who knows about them is aware that they are quite a challenge. The Internal Revenue Service uses the audit to leverage some financial gain out of you, and worse...
Organizing Documents Could Make an Audit Easier
Organizing documents could make an audit easier. Throughout the nation the digital age has caused many people to reduce the amount of paper used. While this is certainly good for the environment, it may leave some individuals unsure of how to organize important papers. Regardless of how it is done,...
The Two Types of Income Tax Audits in California
There are two types of income tax audits in California - those originated by the State of California, and those based upon another agency's audit such as the IRS. This second form of audit, often referred to as a "Piggy-Back Audit" is one of the most hazardous and unexpected challenges...
Tax Attorney for a California Business Tax Audit
Why do you need a tax attorney for a California business tax audit? What are your genuine risk for an audit of your business or professional practice? If you are in business in San Diego or conduct business in-state you will eventually need a proven, experienced tax attorney for a...
Change Your Business Model to Avoid Independent Contractor Misclassification
Should you consider A new business model to avoid independent contractor misclassification and associated penalties and financial consequences? The rising number of California Employment Development Department or EDD misclassification audits is skyrocketing. The first thing many EDD auditors are asking is simple: "Do you have any 1099 workers?" If the answer...
Employee or Independent Contractor in San Diego
When someone completes work for your business, are they an employee or an independent contractor in San Diego? Do you issue them a W-2 or a 1099 form? This is a challenging question faced by many business owners due to the fact that there is no definitive guidance on the...