By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Monday, February 23, 2015. An IRS Audit is the type of experience that no business professional or US taxpayer wants to endure. Imagine the relief of the taxpayer, knowing that the audit has been concluded...
Taxpayer Advocate predicts 2015 will be a rough year for taxpayers (Part 2)
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Sunday, February 22, 2015. A repeated call for enumerated taxpayer rights Since at least 2007, Olson has repeatedly recommended that Congress enact a comprehensive Taxpayer Bill of Rights to address some of these concerns. Although the...
Taxpayer Advocate predicts 2015 will be a rough year for taxpayers
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Saturday, February 21, 2015. A recent report from Nina E. Olson, the National Taxpayer Advocate, highlighted concerns in several key areas that she says are likely to contribute to the ongoing erosion of IRS taxpayer services...
Major Development on IRS Penalties for Employers Who Reimburse Health Care Costs
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Business & Contracts on Friday, February 20, 2015. This week the IRS released "Notice 2015-17" addressing the concerns of business owners who wished not to provide insurance to their employees under a sponsored plan. Usually these companies would...
Major FATCA and FBAR Developments in Africa and the Middle East
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in FATCA on Wednesday, February 18, 2015. There were major recent developments relating to FATCA in Africa and the Middle East, especially as they relate to South Africa and the South African Revenue Services (SARS). SARS and the IRS...
Lowest Local Tax Rates for US Expatriates May Not Be Good Homes
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in FATCA on Tuesday, February 17, 2015. The Wall Street Journal recently published an analysis by AIRINC, a Cambridge, MA firm who analyzes data based on international mobility, showing the lowest and highest local income tax rates for US...
Filing Early If You’re Owed an IRS Refund May Not Be The Best Policy
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Monday, February 16, 2015. Many US taxpayers rush to complete their tax returns, especially in the event they are owed a refund by the IRS. A recent article published by Forbes.com provides 7 reasons to resist the urge...
When Does a Lien Placed By a California Governmental Agency Violate Due Process? (Part 2)
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Friday, February 13, 2015. Yesterday, we ended with two questions: What happens when the State of California ups the ante? Does a property holder have the right to due process in California? In 2011, the...
When Does a Lien Placed By a California Governmental Agency Violate Due Process?
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Thursday, February 12, 2015. If a lien is placed on your personal or business assets, the effects can have serious consequences. You can be prevented from refinancing your property, taking out a loan, or using...