By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Monday, August 24, 2015. The IRS has postponed the deadline for executors to file notice to beneficiaries of an interest or "basis" in real property, due to recent changes in the law specified in the recent...
IRS Admits Recent Cyber Attack Accessed a Much Higher Number of Taxpers Information
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Wednesday, August 19, 2015. The IRS has confirmed that a recent cyber attack has been much more severe than previously reported. The attack penetrated the social security numbers and additional information for more than 330,000 taxpayers. ...
Has the IRS Changed the Deadlines and Due Dates for Corporate, Partnership and FBAR Returns?
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Tuesday, August 18, 2015. The IRS has changed important due dates for many tax returns, including corporate, partnership and FinCen Form 114 or FBAR reporting. Important changes Occur after December of this year, including: FBARs will...
IRS scammers back in the news after fresh attacks
On behalf of Janathan L. Allen, APC posted in IRS on Monday, August 17, 2015. It feels like this story comes up about once every other month, and today we continue that unfortunate lineage or IRS scammers. The Internal Revenue Service has warned many Americans of the potential for scammers...
Locking the Barn Doors at the IRS after the Horses Have Escaped
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Wednesday, August 12, 2015. Yesterday, President Obama asked for a 72% increase in budgeting for the IRS to increase "cyber-security" for the agency. According to the White House, the IRS could take ""especially aggressive steps to...
The IRS Has Programs to Help Retire Back Tax Debt
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Tuesday, August 11, 2015. The IRS has several programs that exist to help US taxpayers to pay back taxes and come into compliance with the IRS. Many taxpayers are aware of a program known as an...
Summertime doesn’t mean you should relax on your tax obligations
On behalf of Janathan L. Allen, APC posted in IRS on Monday, August 10, 2015. It's the summer and the most recent tax window closed fairly recently. So you don't have to be worried about taxes or your tax situation, right? Well, not exactly. Now is actually the perfect time...
New York Times Warns of IRS Crackdown on Family Limited Partnerships or LLCs
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Estates on Monday, August 10, 2015. The New York Times recently wrote that the IRS was about to tighten the rules on the abuse of "Limited Family Partnerships," a legal structure that many wealthy families use to reduce...
New due dates for partnership and corporate returns, FBAR forms
On behalf of Janathan L. Allen, APC posted in IRS on Friday, August 7, 2015. The IRS recently announced a change in due dates for a few different types of tax returns that taxpayers in San Diego -- especially those with businesses or foreign accounts -- should be aware of....