Recent changes to accounting rules affect realization of income for public corporations to take effect December 15 of this year. The new accounting standard will have an impact on the details companies must capture affecting everything from corporate financials to domestic and international tax accounting. The new rules replace virtually...
S Corporation Shareholders Should Be Watching Developments in Washington Closely
S Corporation shareholders should be watching developments in Washington closely as the tax bills advance. The recently passed house bill would create a new 25 percent tax bracket for what is referred to as "pass-through entities" such as S Corporations. The tax would apply to that portion of business net...
Integrated Services for the Business Life Cycle
Allen Barron provides integrated services for the business life cycle here in San Diego and throughout the Southwest United States. What is the life cycle of a business and how does this affect your strategy going forward? How do recent developments on capital hill affect business planning for 2018? The...
Even If Washington Raises the Estate Tax Exemption to $10 Million You Should Still Have a Trust
Even if Washington raises the estate tax exemption to $10 Million you should still have a trust, especially if you are a home owner. Why? The short answer is time, money and saving a lot of hassle for your loved ones, heirs and beneficiaries. Raising the exemption on federal estate...
Could the New Tax Bill Allow Repatriation of Offshore Funds
Could the new tax bill allow repatriation of offshore funds at a lower tax rate? It is believed that US non-financial companies have almost $2 Trillion (yes, Trillion with a "T") and 70% of that money is located overseas as US corporations structured companies and transactions to move income to...
How Proposed Tax Changes Affect Your Business Strategy?
Are you wondering how proposed tax changes affect your business strategy going forward? There are many proposals swirling around Washington these days, and while it is impossible to determine at this point where things will end one thing is certain: your business will need to have a new strategy to...
Transfer Pricing Audits Focus on International Businesses
IRS transfer pricing audits focus on international businesses and the transfer of goods and/or services between affiliated companies. The IRS recently established a new Large Business & International (LB&I) audit team specifically tasked with reviewing US businesses and multinational corporations with exchanges between companies within the same constellation of corporate entities. ...
Starting a New Company Requires Integrated Expertise
Starting a new company requires integrated expertise across multiple disciplines including legal, tax, business advisory and accounting services. Allen Barron seamlessly integrates these services in a start-up package for entrepreneurs working to bring their dreams into reality. Starting a new company is much more than filling out a few forms...
What is the State of Globalization and International Business?
The Wall Street Journal recently asked an international expert the question "What is the state of globalization and international business based upon current events?" The rise of populist nationalism in the United States and around the world caused many business leaders and market observes to be concerned about the death of...