The question of the hour for many multi-national conglomerates and San Diego businesses with international distribution and supply channels is "How will international business change in the coming months?" The answer is surrounded in a cloud of Washington posturing and floated proposals. One thing seems certain: The United States Government...
What is more dangerous to Your Business Than an IRS Audit?
What could be more dangerous to your business than an IRS audit in San Diego? The failure to accurately collect and submit payroll related taxes and deductions may genuinely challenge more local small and mid-sized businesses than an IRS audit. If you have employees, your company is required to withhold...
Allen Barron Celebrates 20th Anniversary
Allen Barron is celebrating our 20th Anniversary in business today. We wish to extend our deep appreciation to our clients and the San Diego business community for the opportunity to be of service over the past decades. As a single-source provider of legal, tax, accounting and business advisory services, Allen...
WSJ Notes Regulatory and Technical Accounting Expertise in Short Supply
A recent article in the Wall Street Journal (WSJ) notes regulatory and technical accounting expertise is in short supply across the nation. WSJ noted US businesses were "increasingly scrambling to find regulatory experts or “technical accountants” who understand rules and ensure compliance amid accounting changes to the generally accepted accounting...
Was the Caterpillar Raid a Sign of Where Corporate Tax Battles are Headed?
Really? That was my first reaction to the news that federal agents including the IRS had raided the offices of Caterpillar, one of America's greatest traditional companies. My next reaction was a bit more harsh, trending toward disgust. Is this a sign of where corporate tax battles are really headed?...
Business Advisers with Decades of San Diego and International Business Experience
Are you looking for an experienced business coach or adviser? Contact the business advisers at Allen Barron who have decades San Diego and international business experience in small business, mid-size corporations and international conglomerates. Richard Barron has successfully run an international electronics and communications company and will provide insight into...
Global Transfer Pricing Standards Released by OECD
The Organization for Economic Cooperation and Development or OECD is comprised of representatives of 34 member governments and market economies, and advises standards for members and more than 70 non-member countries to promote sustainable economic development, growth and prosperity. The OECD has released global transfer pricing standards designed to reduce...
Every San Diego Homeowner Should Have a Trust
We have often written that every San Diego homeowner should have a trust due to the high costs of probate and the time involved. Yet most San Diegans don't even have a will, let alone an estate plan which includes a trust. What should a homeowner know and why should...
GE Outsourcing Tax and Some Accounting A Good Model According to WSJ
An article this week in the Wall Street Journal noted General Electric (GE) had executed a strategy for outsourcing tax and some accounting services that other corporations are sure to follow. GE has decided to implement a "tax outsourcing" plan that will move internal employees to an external tax and...