Tax preparation for S Corporation shareholders is quite complicated. While there are substantial advantages for many owners or shareholders of an S Corporation there are also substantial risks which can lead to an IRS audit. Corporations which elect subchapter S tax status allow income to pass through to the shareholders...
Allen Barron Works to Resolve San Diego Business Disputes
Allen Barron works to resolve San Diego business disputes in an efficient and timely way. If you are in business it is only a matter of time before you will become involved in a business dispute or lawsuit. Lawsuits and disputes distract you from focusing upon the profitable management of...
Resolving Shareholder Disputes while Protecting Your Interests
Allen Barron's skilled trial and litigation team have decades of experience resolving shareholder disputes while protecting your interests and investment. Shareholder disputes can become quite caustic, especially when minority shareholders are denied the access to information and fair treatment provided for them under California law. Allen Barron's skilled commercial and...
Allen Barron Announces New Commercial and Business Litigation Services
Allen Barron announces new commercial and business litigation services to complement our integrated legal services, tax, accounting and business advisory teams. Allen Barron provides an integrated team of professionals who can solve any problem, provide detailed expert analysis for any opportunity or question and genuinely guide your business from formation through...
IRS Audits Target S Corporation Losses
Two additional campaigns result in focused examinations as IRS audits target S Corporation losses and "Basket" transactions. A separate "campaign" has been structured to target S Corporation losses that exceed basis for that company. The IRS has organized internal professionals with specialized expertise to target heavy losses and deductions in...