On behalf of Janathan L. Allen, APC posted in IRS on Monday, September 28, 2015. We've written about tax filings extensively, and one of the aspects of tax filings that is important for everyone to know is that you can give yourself a six-month extension for filing your taxes. Through...
Did the IRS Miss Millions in Taxes in Fines from Insurance Companies?
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Audits on Friday, September 25, 2015. The IRS may have missed several million dollars in taxes and associated fines relating to insurance companies and their handling of the Affordable Care Act or ACA. The ACA establishes an annual...
Tax lien spells trouble for Tyga
On behalf of Janathan L. Allen, APC posted in Delinquency on Thursday, September 24, 2015. The Internal Revenue Service recently filed a tax lien against rapper Tyga, after the musical artist did not meet his tax obligations in 2009, 2010 and 2011. From what it sounds like, Tyga is having...
Last Minute Deduction Suggestions for Individuals Completing Extended IRS Returns in October
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Wednesday, September 23, 2015. So, you've extended your IRS tax return, and now the October 15th deadline is rapidly approaching. We thought you might appreciate a few ideas to help wring a few extra dollars out...
Is Your Personal Information Safe with California Tax Agencies?
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Monday, September 21, 2015. The California state auditor reported last week that we Californians are at great risk when it comes to our personal information, health records and California tax returns. When you consider the...
IRS wants $3.3 Billion in Additional Taxes from Coke after Audit
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Friday, September 18, 2015. With the completion of a 5 year IRS tax audit, the agency has notified Coca-Cola that it owes $3.3 Billion in back taxes and interest following an IRS audit of tax years...
California’s Centralized Revenue Opportunity System Consultant Resigns from BOE
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Thursday, September 17, 2015. The man in charge of the development of California's Centralized Revenue Opportunity System or CROS submitted his resignation to the Board of Equalization or BOE effective 9/23. The $309M CROS project...
How alimony can affect your tax filing
On behalf of Janathan L. Allen, APC posted in Tax Controversy on Wednesday, September 16, 2015. Tax filings, in many ways, capture a significant picture of your life -- or at least your life from the past year. They are obviously very important, and it is imperative that you provide...
Beginning Year-End Tax Planning for Your Business
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Business Advice and Counsel on Tuesday, September 15, 2015. With the completion of the September 15th tax due date for businesses who requested an extension in March, attention should turn to tax planning as year end approaches. There...