Many professionals and scientists working in the US on an H1-B visa need to understand IRS PFIC taxation and the implications of continuing many offshore investments. What are PFICs and why would high income professionals in the US on an H1-B visa need to understand IRS PFIC taxation rules? The challenge...
Bringing an International Business to San Diego or the US
Are you thinking about bringing an international business to San Diego or the United States? Are you planning to start a new business entity to add to the existing constellation of your companies, or are you considering a joint venture with an existing American business? These decisions can be quite...
Trust and Estate Planning for San Diego Business Owners
Trust and estate planning for San Diego business owners requires integrated legal, tax, estate planning and accounting expertise. There are many issues which you as a business owner should take into account when developing plans to protect assets and the beneficial interests of a spouse, loved ones and the causes...
California Waters Edge Election Provides Needed Protections
The California waters edge election provides needed protections for national and international companies with business in the State of California. This important tax strategy is currently threatened by new legislation known as Senate Bill 567. The bill entitled the "Millionaire Tax Accountability Act" was recently proposed to close several "popular...
Integrated Legal and Contract Work Supports Tax and Other Important Business Services
Our integrated legal and contract work supports tax, accounting and other important business services Allen Barron provides to its clients. Legal services include everything from business contracts to employment law compliance, from intellectual property to business succession planning. Legal services are required at every step of The Business Life Cycle from business formation...
New Partnership IRS Audit Rules Will Change the Game
Is your LLC or partnership ready? The new partnership IRS audit rules will change the game for many LLCs and partnerships. LLCs and partnerships will be forced to handle IRS audits differently in the future, and Allen Barron is prepared to help you to weather the coming storm. The new...
Avoid the DOL and IRS Audit Focus on Independent Contractors
How can you avoid the US Department of Labor or DOL and IRS audit focus on independent contractors and 1099 workers? What do you need to know about the new definitions of an independent contractor based upon the so-called "Darden Factors" and the "Economic Realities" standards? Why should you be concerned...
Integrated Services Provide Insight Into Corporate Tax Reform
Integrated services provide insight into corporate tax reform as Allen Barron helps our clients to analyze and implement strategy based upon tax, legal and business issues and opportunities. No one knows for sure what reforms are coming from Capital Hill. The consensus hints at a "once-in-a-generation" overhaul and reduction in corporate...
What is Important to Know about an IRS Audit in San Diego
What is important to know about an IRS audit in San Diego and how can Allen Barron improve your outcome and save you money? Most US taxpayers are surprised to learn it is up to you to prove you have followed US tax code and tax filing laws. The burden...