One of the most important indications of when you need a tax attorney is any dispute with or contact from the IRS or any California tax agency. This is especially true if the matter involves an audit (or questions regarding...more
4/25/2025
/ Attorney-Client Privilege ,
Audits ,
Business Ownership ,
California ,
Estate Planning ,
FBAR ,
Foreign Investment ,
International Tax Issues ,
IRS ,
Offshore Banks ,
Tax Liability ,
Tax Planning
Why do many business owners undervalue accounting and the profound financial impact it can have on your business operations and profit? Business in 2025 moves at an incredible rate of speed, and the complexities of managing...more
Why is the end of the year a good time to consider trust and estate planning for business owners? Do you own real property or have other investments outside your business interests? Have you given any thought to what would...more
12/19/2024
/ Asset Management ,
Beneficiaries ,
Business Ownership ,
Business Strategies ,
Business Succession ,
Creditors ,
Estate Planning ,
Investment ,
Life Insurance ,
Privacy Laws ,
Probate ,
Real Estate Investments ,
Revocable Trusts ,
Tax Planning ,
Trusts ,
Wills
Integrative legal, tax, accounting, and business advisory services are more critical than ever as we address the challenging environment of continuous change. Seek change; wherever you find it, opportunity will exist....more
11/15/2024
/ Accounting ,
Affordable Care Act ,
Alternative Minimum Tax ,
Business Advice ,
Business Development ,
Business Ownership ,
Business Strategies ,
Corporate Taxes ,
Deregulation ,
Foreign Policy ,
Tariffs ,
Tax Cuts and Jobs Act ,
Tax Reform ,
United States-Mexico-Canada Agreement (USMCA)
What are fractional CFO services? What types of organizations should consider fractional CFO services for their corporation or business? What are the advantages of contracting for fractional Chief Financial Officer services?...more
9/20/2024
/ Accounting ,
Asset Management ,
Business Advice ,
Business Ownership ,
Business Strategies ,
CFOs ,
Corporate Entities ,
Investors ,
Tax Planning ,
Vendors ,
Venture Capital
Many business owners and executives fail to realize that accounting is the information connection within your own business. Accounting doesn’t simply capture the box scores of your company’s business transactions. A...more
8/28/2024
/ Accounting ,
Analytics ,
Business Income ,
Business Operations ,
Business Ownership ,
Business Strategies ,
Documentation ,
Financial Statements ,
Internal Controls ,
Policies and Procedures ,
Tax Planning
Many small business owners mistakenly believe business succession planning and estate planning is for those with substantial wealth. This is simply a myth which does not reflect the nature of business or home ownership....more
8/28/2024
/ Asset Protection ,
Beneficiaries ,
Business Ownership ,
Business Succession ,
Buy-Sell Agreements ,
Connelly v United States ,
Documentation ,
Estate Planning ,
Heirs ,
IRS ,
Probate ,
Redemption Agreement ,
S-Corporation ,
SCOTUS ,
Small Business ,
Succession Planning ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Valuation
There are several steps to follow when preparing to sell your business. It is important to allow plenty of time for planning and organization, as the process will usually require many months to a year or more. Why does it...more
7/30/2024
/ Accounting ,
Business Ownership ,
Business Valuations ,
C-Corporation ,
Confidentiality Agreements ,
Corporate Governance ,
Due Diligence ,
Financial Records ,
Limited Liability Company (LLC) ,
Lost Profits ,
Non-Disclosure Agreement ,
Profits ,
Required Documentation ,
S-Corporation ,
Selling a Business
Many Americans have not noticed the paragraph above their signature line on the 1040 and other IRS and state tax forms, which notifies the taxpayer that they signed their tax return "under the penalties of perjury" and that...more
6/28/2024
/ Artificial Intelligence ,
Audits ,
Business Ownership ,
FBAR ,
FinCEN ,
Foreign Investment ,
IRS ,
Partnerships ,
Perjury ,
S-Corporation ,
Tax Forms ,
Tax Returns
It's astonishing how many business owners undervalue accounting and its profound financial impact on business operations, transactions, taxation, and profit. An effective accounting strategy captures the information required...more
What are some of the fundamental issues when estate planning for business owners? Why should every business owner have an estate plan? What are some of the primary issues to address in an effective estate plan for those who...more
4/30/2024
/ Business Ownership ,
Business Succession ,
California ,
Community Property ,
Estate Planning ,
Estate Tax ,
Gift Tax ,
Inheritance ,
Marital Assets ,
Probate ,
Probate Courts ,
Tax Cuts and Jobs Act ,
Trusts
Isn’t it interesting that success is built into business succession. Still, most US companies do not have a business succession plan in place. What is business succession planning and how does it enhance your own success and...more
1/30/2024
/ Beneficiaries ,
Business Ownership ,
Business Succession ,
Estate Planning ,
Incapacitated Persons ,
Insurance Industry ,
Legal Entities ,
Legitimate Business Interest ,
Life Insurance ,
Ongoing Operations ,
Retirement ,
Revocable Trusts ,
Succession Planning ,
Tax Planning ,
Trusts
Do you need an asset protection strategy in San Diego, California? What is an “Asset Protection Strategy” and who should make sure to have an asset protection strategy in place?...more
1/16/2024
/ Asset Protection ,
Asset Seizure ,
Beneficiaries ,
Business Assets ,
Business Ownership ,
Creditors ,
Heirs ,
Irrevocable Trusts ,
Landlords ,
Liability ,
Limited Liability Company (LLC) ,
Partnerships ,
Rental Property ,
Revocable Trusts ,
Risk Management ,
Strategic Planning ,
Taxation
What is the importance of succession planning for business owners? Why should you be concerned about the development and implementation of succession planning if you own a business or a significant interest in an LLC, S...more
12/22/2023
/ Beneficiaries ,
Business Ownership ,
Business Succession ,
Business Taxes ,
C-Corporation ,
Capital Requirements ,
Estate Planning ,
Fees ,
Heirs ,
Life Insurance ,
Limited Liability Company (LLC) ,
Liquidity ,
Ownership Interest ,
Retirement ,
S-Corporation ,
Succession Planning ,
Trusts
In ABCast Episode 21 – Due Diligence Janathan Allen discusses a crucial element of Mergers & Acquisitions or M & A: comprehensive and thorough due diligence. Due diligence is a process and a review of financial information,...more
In the podcast, Preparing a Company for Sale, Janathan Allen, discusses all of the steps required to get ready to sell your business and the concepts and goals you should evaluate before you begin the process. What do you,...more
Allen Barron's podcast on Business Succession Planning focuses on one of the most important part of protecting an owner, member, partner, shareholder or investor in any company, and yet less than one in four businesses have a...more