On behalf of Janathan L. Allen, APC posted in IRS on Tuesday, January 27, 2015. Tax forms and information are probably piling up at your home right now, which isn't necessarily a bad thing. It's that time of year, and people need to get ready for what will be a...
IRS Warns Your Signature on Your Return Is Under Penalty of Perjury
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Monday, January 26, 2015. The IRS has already announced this year that it will be less responsive to questions from US taxpayers, and that refunds (especially on manual returns) will be delayed. Blaming recent budget cuts,...
IRS Will Audit 1 Million Americans in 2014
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Tax on Friday, January 23, 2015. IRS Commissioner John Koskinen recently noted that the IRS would conduct 1 Million audits in 2014, slightly down from 2013 but still a substantial number. The IRS will not tolerate cheaters, and...
Consumer Reports Warns Home Based Businesses of IRS Audit Risks
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Tuesday, January 20, 2015. In a recent article by "Consumer Reports" there were a few recommendations for home based businesses to reduce IRS audit risk that I absolutely agreed with based upon recent IRS behaviors with...
IRS Steps Up Pressure on Revenue Agents to Increase Collections
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Friday, January 16, 2015. The IRS is continually seeking new ways to increase tax revenues, and to enforce the collection of taxes for those who have already received a "determination". If you owe the IRS back...
Protection from the Aggressive Collection Tactics of the IRS and California Tax Agencies
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Wednesday, January 7, 2015. If you are in the process of IRS collections, or negotiations with California tax agencies regarding past due tax obligations you need the protection and guidance of Allen Barron's experienced tax...
The New Year Brings Thoughts of Tax Returns for Many San Diego Businesses
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Friday, January 2, 2015. It's 2015, and the start of a new year often signals the beginning of tax return preparation for many San Diego businesses and professionals. 2014 brought substantial changes to the tax codes,...
The Time is NOW to Come Into Compliance with IRS FBAR and Foreign Asset Reporting
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in FBAR on Thursday, June 26, 2014. There is a substantial financial incentive for resident US taxpayers and US expatriates to come into compliance with IRS streamlined guidelines and US laws relating to the reporting of foreign bank accounts...
Bitcoin labeled as property by the IRS
On behalf of Janathan L. Allen, APC posted in IRS on Wednesday, March 26, 2014. Bitcoin has been in the news quite a bit recently, as the controversial virtual currency continues it's up-and-down trend after being released in 2009. Bitcoin is an unregulated virtual currency that can be sent from...