We await the annual sending of W-2’s, 1099’s and other wage and income related paperwork. The receipt of your W2 or 1099 is usually the start of tax season for most households throughout San Diego. Allen Barron announces tax preparation for Rancho Bernardo and Poway with the reminder that tax day will be quite different in 2017.
Most people know that your federal and state tax returns are due on April 15th each year. Your federal tax return to the IRS will not be due in 2017 until April 18th, as the 15th falls on a Saturday. When this happens, tax returns are usually due the following Monday which would be the 17th, however this is “Emancipation Day” in Washington D.C. which means taxes will not be due until Tuesday April 18, 2017. California’s Franchise Tax Board or FTB has also published the due date of Tuesday, April 18 for submission of 2016 income tax returns.
If you are a high wage earner, have offshore investments or bank accounts requiring FBAR preparation and filing or FBAR disclosures such as the OVDP or streamlined application, or if you own your own business or have substantial business interests we invite you to consider Allen Barron as your source for tax preparation in Rancho Bernardo and Poway. Our offices are conveniently located off of the 15 Freeway at 16745 W. Bernardo Drive, Suite 260 Between Rancho Bernardo Road and Bernardo Center Drive. We manage many complex returns that the popular “Turbo” software and other home-software solutions simply do not handle accurately.
Many past FBAR filers are concerned to learn that previous years’ versions of the “Turbo” software and other tax software solutions did not properly handle offshore accounts, FBAR disclosures or PFIC calculations. The experienced international and IRS tax accountants and attorneys at Allen Barron provide expert insight and advice to maximize the amount you legitimately owe while eliminating many audit risks an over-the-counter software solution would miss.
If you are interested in tax preparation for Rancho Bernardo and Poway we invite you to contact us for a free consultation at 866-631-3470.
