U.S. expatriates should read IRS Publication 54 - Tax Guide for U.S. Citizens and Resident Aliens Abroad. This is a beneficial article published by the agency itself, detailing the unique and specific tax reporting...more
8/28/2025
/ Expatriates ,
Filing Requirements ,
FinCEN ,
Income Taxes ,
International Tax Issues ,
IRS ,
Popular ,
Reporting Requirements ,
Tax Deductions ,
Tax Planning ,
Taxation ,
Withholding Tax
What happens if you are accused by the IRS, the FTB, or another California tax agency regarding omissions, fraud, or false information on a tax return? The short answer is simple: failure to make a full, transparent, and...more
Are you searching for a reliable partner to provide legal services in a rapidly changing world? How will legal decisions impact other aspects of your company, including operations, accounting, existing business...more
8/26/2025
/ Accounting ,
Artificial Intelligence ,
Business Operations ,
Contract Drafting ,
Contract Terms ,
Cross-Border Transactions ,
Dispute Resolution ,
Due Diligence ,
Intellectual Property Protection ,
International Trade ,
Joint Venture ,
License Agreements ,
Supply Chain ,
Tariffs ,
Taxation
What is an irrevocable trust? It is important to know when to use an irrevocable trust as part of your estate plan. What is the difference between an irrevocable trust and a revocable trust?...more
What do you need to know about the IRS and state tax complications of offshore investments? It is common to have international investments in your portfolio, not to mention business interests. How do you navigate the...more
8/21/2025
/ Compliance ,
Cross-Border Transactions ,
FBAR ,
FinCEN ,
GAAP ,
IFRS ,
International Tax Issues ,
IRS ,
Reporting Requirements ,
State Taxes ,
Tax Liability ,
Tax Planning ,
Tax Returns
What are the essential elements of estate planning for a blended family here in San Diego or across California? According to the U.S. Census Bureau, almost 1 in 5 households in the United States involves a subsequent...more
here are two sources of income tax audits in California: those initiated by the State of California Franchise Tax Board (FTB) and those based on audits conducted by another agency, such as the IRS. This second form of audit,...more
Are you considering expanding your 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...more
The prudence of estate planning extends far beyond the question of “what happens to my money, assets, and belongings at the end of my life?” Estate planning facilitates shrewd planning and management of one’s life and...more
Did you know that the number of California FTB audits is increasing when compared to the trend of IRS audits in 2025? The California Franchise Tax Board, or FTB, has recently invested in advanced data processing systems and...more
7/18/2025
/ Business Taxes ,
California ,
Enforcement Actions ,
Foreign Financial Institutions (FFI) ,
Income Taxes ,
IRS ,
Penalties ,
State Taxes ,
Tax Audits ,
Tax Liability ,
Tax Returns
What is succession planning for business owners? How does this affect the short and long-term interests of your company and its value? Why should you be concerned about succession planning if you own a business or have a...more
Are you searching for an experienced California and IRS tax attorney? When legal professionals refer to California or IRS audits or tax issues, they are usually speaking of the types of interactions that a person or business...more
What does the substantial recent reduction in the IRS mean for U.S. taxpayers and expatriates? How will staff reductions affect the agency’s ability to audit and collect taxes owed by U.S. taxpayers around the world? What...more
How can integrated professional services provide stronger business outcomes for your business? Why should you consider integrated legal, tax, accounting, and business advisory services, instead of relying upon the separate...more
6/30/2025
/ Accounting ,
Business Development ,
Business Entities ,
Business Strategies ,
Consultants ,
Corporate Taxes ,
Estate Planning ,
Financial Planning ,
Financial Services Industry ,
Legal Advice ,
Tax Planning
Why is the statute of limitations such an essential factor in an IRS audit? Should you approve a request from the auditor for a waiver of the statute of limitations in an IRS audit? This is often a complex question, and if...more
Why do you need an experienced tax attorney when tax issues strike? What do you need to know about communications with the IRS and California's tax agencies?...more
6/17/2025
/ California ,
Expatriates ,
Government Agencies ,
Income Taxes ,
IRS ,
Penalties ,
State Taxes ,
Tax Audits ,
Tax Liability ,
Tax Planning ,
Tax Returns
How many U.S. taxpayers and expatriates may need to file offshore disclosures and FBARs with the IRS? Should those who have not yet filed a disclosure application utilize the VDP (Voluntary Disclosure Program) or a...more
6/16/2025
/ Disclosure Requirements ,
Expatriates ,
FBAR ,
FinCEN ,
International Tax Issues ,
IRS ,
Offshore Funds ,
Penalties ,
Reporting Requirements ,
Tax Evasion ,
Tax Planning
What can an experienced San Diego tax attorney do for you? San Diego is uniquely positioned to support any local, regional, national, or multinational business or corporation. The proximity of San Diego to Mexico (the United...more
Why do you need a lawyer for an IRS audit? Have you received an IRS audit notification (IRS form letter 2205-A, 2205-B, or 566)? What do you need to know?...more
5/30/2025
/ Appeals ,
Audits ,
Cryptocurrency ,
Filing Deadlines ,
FinCEN ,
Foreign Investment ,
Income Taxes ,
IRS ,
Litigation Strategies ,
Penalties ,
Tax Appeals ,
Tax Liability ,
Tax Planning
There have been many recent tax developments for U.S. expatriates. It is essential for U.S. citizens residing outside the United States and those considering an expat life to understand their responsibilities as U.S....more
What do you need to know if you intend to sell your business? It is essential to have integrated tax and legal advice when selling your business to ensure maximum net profit and minimize contingent liability. Look for a...more
What do you need to know about offshore real estate ownership and any associated tax reporting requirements? Are you a U.S. taxpayer or U.S. resident who owns real estate outside of the United States? It may surprise you to...more
5/27/2025
/ Business Entities ,
Disclosure Requirements ,
Filing Requirements ,
Foreign Corporations ,
International Tax Issues ,
IRS ,
Offshore Funds ,
Reporting Requirements ,
Tax Evasion ,
Tax Liability ,
Trusts
What are fractional executive services? Do you need a fractional or part-time CEO or CFO? How would your small to mid-sized business profit from a fractional C-level executive?...more
Have you been asked to be a trustee or executor? A trustee or executor has substantial financial and legal liability, and the trust or estate will pay an attorney to guide them through the process....more
How do integrated business services provide a broader perspective? Why is it important to look for a single-source provider of legal, tax, accounting, and business advisory services? Perhaps one of the most basic corporate...more