We are often asked about tax audits liens and levies. When you are delinquent on your taxes, there are a number of severe penalties with which you can be hit. The three types of penalties that you have probably heard about are tax audits, tax liens and levies. We've talked...
The Tax Danger of Personal Service Corporations
What is a Personal Service Corporation (PSC) and why is there a potential tax issue for PSCs? Many S Corporations and LLCs may be considered by the IRS to be a PSC. This could result in substantial additional business tax burdens. The IRS has again begun to examine corporations to...
Do You Need a Tax Attorney During Your San Diego Divorce
When do you need a tax attorney during your San Diego divorce and when should you involve us in the process? My name is Janathan Allen, and after decades of work as a tax attorney I can tell you that it is important to consider the tax ramifications of the...
IRS Office Audit or Field Audit Require an Experienced Tax Attorney
The two hardest forms of an IRS audit are an IRS Office Audit or Field Audit. Both of these audits are extremely serious and you should be represented by an experienced and seasoned IRS audit and tax attorney like Janathan Allen. If you have received notification of an IRS audit...
Beginning to Understand the 20 Percent Pass Through Deduction
Tax attorneys and CPAs across the nation are beginning to understand the 20 percent pass through deduction contained within the recent tax reform, but it will still be months before the final law will be written and the IRS will weigh in on how it will actually be put into...
California Unitary Method or Waters Edge Election
How does a multistate or multinational corporation approach the question of the California unitary method or waters edge election for tax calculation purposes? The integrated tax, accounting, legal and business service at Allen Barron allow you to receive a more comprehensive answer from a broader perspective, yet detailed as we...
What is Important to Know about an IRS Audit in San Diego
What is important to know about an IRS audit in San Diego and how can Allen Barron improve your outcome and save you money? Most US taxpayers are surprised to learn it is up to you to prove you have followed US tax code and tax filing laws. The burden...
The IRS Wrongfully Seized Millions from Legal Business
The Treasury Inspector General for Tax Administration (TIGTA) has found the Criminal Investigation Unit of the IRS wrongfully seized millions from legal business entities and individuals. The investigation was opened after several complaints were filed in 2014 regarding IRS seizures of property or bank levies without evidence of a crime....
Amazon Savors a Huge Win Against IRS on Transfer Pricing
There has been a substantial development in the past week affecting international business as Amazon savors a huge win against the IRS on transfer pricing related tax disputes. The findings of a US Tax Court were stark: "The IRS acted in an arbitrary, capricious, and unreasonable manner when it applied...