Awards & Recognition

The local economy in Panorama City and the San Fernando Valley delivers multiple business and job opportunities, a highly appealing aspect of living and working in this area. Tax considerations, or the lack thereof, are often a significant reason some businesses and corporations succeed in Panorama City while others fail. For example, a business owner’s failure to contemplate tax questions as part of the business planning and entity selection process can result in significant unpaid liabilities and penalties to the point where the company is no longer sustainable or viable. In some cases, such as failing to administer federal payroll taxes properly, the responsible party and business owners can be held personally liable for the unpaid tax. Furthermore, there are essential tax considerations to make when one generation of managers or principals is considering passing the torch to a new generation.

There is no need to feel panicked or overwhelmed by the U.S. Tax Code, a notice from the government, or an IRS auditor. Instead of struggling to interpret complex statutes and IRS regulations – or worse, attempting to push a tax issue concerning your business under the rug – allow the experienced, award-winning dual-licensed Panorama City Tax Attorneys at the Tax Law Office of David W. Klasing to help you bring your tax matter to an efficient resolution. Our objective is to mitigate any criminal or civil tax penalties you may be facing while helping you make the most of the U.S. Tax Code concerning estate planning, business planning, or financial planning for your future. No matter how complex or challenging the issue may be, our diligent attorneys are prepared to sit down and work with you to develop a strategy and achieve a solution.

In addition to the IRS, our dual-licensed Panorama City Corporate Tax Attorneys and CPAs represent taxpayers in Panorama City and throughout Los Angeles, Los Angeles County, and the San Fernando Valley on various tax law needs. Our Tax Lawyers, CPAs, and EAs are ready, willing, and able to represent you if facing a federal or California Tax Audit or criminal tax investigation. We have extensive experience with the following California taxing authorities: California Department of Tax and Fee Administration “CDTFA” and its sister agency, the Office of Appeals “OAT, formerly known as the “BOE,” Franchise Tax Board “FTB” Employment Development Department “EDD.” We will provide invaluable assistance with understanding how the veritable sea of Tax, Estate and Gift, & Business laws apply to your specific facts and circumstances and how to build and pass on wealth within the bounds of the IRS and California state tax laws.

For a reduced-rate consultation on your case, contact our tax law firm at 888-904-4096 or schedule online today. Our Panorama City Tax Law Office is located on Roscoe Boulevard in downtown Panorama City. It is easily accessible from Van Nuys, North Hills, North Ridge, North Hollywood, Burbank, and other Los Angeles neighborhoods in the San Fernando Valley.

Panorama City Business and Employment Tax Lawyers

Our business tax attorneys and employment tax lawyers work with business owners, taxpayers starting small businesses, and small to midsize entities, including domestic entities, out-of-state or foreign entities, and multinational entities. Types of entities we serve include, but are not limited to, the following:

• C corporations and S corporations
• Family-owned businesses
• General partnerships and limited partnerships (LPs)
• Limited liability companies (LLCs)
• Sole proprietorships
• Startups
• Expats
• Inbound International Taxation
• Outbound International Taxation

Whether you are in the earliest stages of starting a business or representing an established multinational corporation, we can provide tailored tax and financial planning services to meet your company’s needs. Examples of business and employment tax issues our Panorama City tax lawyers handle include:

• Business entity selection
• Business succession planning
• Business transactions
• California employment tax audits
• California sales tax audits
• Employment tax
• Tax havens
• Worker classification audits

Our Panorama City Corporate Tax Lawyers and CPAs at the Tax Law Office of David W. Klasing combine nearly three decades of legal experience assisting businesses and individual taxpayers with the full spectrum of state, federal, and international tax matters, ranging from employment and payroll tax to divorce tax issues to general tax planning and tax preparation to criminal defense in felony tax cases. Whether you must defend your innocence, prepare for a tax audit, or get help making sound financial decisions for your family or your company, look to our full-service California tax firm for zealous professional support. Call 888-904-4096 or schedule a reduced-rate initial consultation here at our Panorama City office or one of our other convenient locations across Southern California.

Tax Planning Services for Foreign Businesses

Multinational entities, including corporations and partnerships, are subject to various tax systems in the countries where they have a presence or do business. Many companies employ in-house counsel and accountants to guide the particularities of the tax systems in the nations where they operate. However, other corporations leverage the knowledge and experience of private CPAs and international tax attorneys who are highly familiar with the tax code in their home country and its interplay with the global tax system. Outsourcing this role can maximize the organization or corporation’s profit through deft navigation of national and international tax concerns, including the minimization of double taxation by utilizing relevant provisions of applicable tax treaties.

The International Business Tax Attorneys, CPAs, and EAs at The Tax Law Offices of David W. Klasing work hard to help businesses and individuals with issues regarding international and offshore corporations, accounts, holdings, and investments. Under foreign laws, these accounts, businesses, and investments face foreign taxation. Our core focus is the U.S. Federal and California tax and information requirements and the illumination or minimization of double taxation where income is simultaneously taxed in the U.S. and offshore.

If you’re engaged in international business or managing foreign assets, navigating the complex landscape of global taxation is crucial to success. At the Tax Law Offices of David W. Klasing in Panorama City, our dual-licensed International Panorama City Tax Attorneys and CPAs are poised to protect your interests. Addressing compliance oversights is essential, with the IRS escalating its efforts to uncover unreported global investment income, offshore businesses, and financial accounts. Now is the time to enlist experienced legal counsel to review your international tax filing history, ensuring compliance that minimizes additional tax and penalties and avoids criminal tax prosecution. Whether you’re an American expatriate or have multiple offshore business entities and investments, we provide meticulous attention to ensure your international tax dealings are reported with precision and foresight. Our association with Marc Schwartz, a dually licensed International Tax Attorney and CPA, greatly enhances our ability to address the often complex federal offshore tax planning, compliance, and controversial implications surrounding engaging in international business and the associated mandatory information reporting.

Panorama City, CA Business Tax Lawyers and CPAs for Corporations, LLCs, and Partnerships

Whether your business is headquartered here in Panorama City or is located thousands of miles away, rely on our corporate tax attorneys to protect your assets, reduce your tax liabilities, and bring you into compliance with U.S. tax laws and business regulations. With nearly three decades of business accounting and bookkeeping experience – and a vigilant eye on the latest U.S. tax developments – we are committed to helping your company thrive. Call 888-904-4096 or schedule a reduced-rate initial consultation here at our Panorama City office or one of our other convenient locations across Southern California.

Our Panorama City office is conveniently located at:

14500 Roscoe Blvd 4th floor,

Panorama City, CA 91402

888-904-4096

Business Tax FAQs

The following business tax FAQs may help to shed light on an issue affecting your company. However, if you have a tax question about your business, it is in your best interests to obtain legal advice by discussing the issue with an experienced, dually-certified attorney-CPA. The following FAQs are purely informational and are not intended to substitute legal advice. Below, see our answers to commonly asked questions such as:

• Do IRS Auditors Look for an Online Business?
• How Do You Protect Your Business from Attempts to Pierce the Corporate Veil?
• Is it Easy to Give My Child My Business?
• Is Keeping Bad Business Books a Federal Tax Crime?
• Who Can I Transfer My Business To?
• What Are the Possible Tax Consequences of Buy-Sell Agreements?
• What Issues May Arise if I Decide to Sell My Business?