By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Tuesday, November 25, 2014. I find that most questions of sales tax seem to be pretty straight forward for most experienced San Diego business clients. But if your business model involves a strategy that combines...
Parts of the Product You Are Selling May Be Affecting Your Tax Burden to California or the IRS
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Sunday, November 23, 2014. If you are a San Diego business it is important to understand the nature of every item or ingredient you purchase in order to assemble the products you sell, and the ramifications...
IRS Conditioned Installment Agreement Upon Filing of Notice of Lien (Part 2)
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Tuesday, February 3, 2015. So, what happened at the IRS Collection Due Process (CDP) Hearing? The hearing resulted in the sculptor agreeing to the terms of an installment agreement for full payment of his assessed liability....
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...
IRS Adds More Swiss Banks to Automatic 50% OVDP Penalty List
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in FATCA on Tuesday, June 9, 2015. The IRS has added severl new Swiss banks to the list of institutions that carry a mandatory 50% penalty instead of the 27.5% penalty provided in most OVDP filings. It doesn't matter...
IRS Commissioner Warns of Poor Customer Service and Slower Refunds in 2015
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Monday, January 19, 2015. IRS Commissioner John Koskinen sent an internal email warning of poor and "unacceptable" customer service, as well as longer refund timeframes this year. The agency is blaming the poor performance on budget...
IRS may be overwhelmed this tax season
On behalf of Janathan L. Allen, APC posted in IRS on Wednesday, January 14, 2015. In a very interesting report published by the Federal Advocate for Taxpayers, there are some serious accusations that the Internal Revenue Service may not be able to respond adequately -- or at all -- to...
New foreign account rule could cause IRS some problems
On behalf of Janathan L. Allen, APC posted in IRS on Thursday, January 2, 2014. One of the most frustrating aspects of tax season is that rules change, forms are altered and intricate details obtain new wrinkles that make it very difficult for the tax filer to get a grasp...
A special FATCA concern for some relating to foreign trusts
On behalf of Janathan L. Allen, APC posted in IRS on Monday, November 23, 2015. From China to Chile and from Ireland to Indonesia, Americans abroad have suffered great angst -- make that outright fear -- and frustration over the past several years from the muscle flexing of the Internal...