Sacramento, CA Tax Attorney
The Tax Law Office of David W. Klasing has earned nationwide recognition for consistently delivering an unparalleled level of representation in a broad spectrum of tax issues affecting businesses, property owners, expatriates, investors, cryptocurrency miners, high net worth individuals (HNWIs), and other taxpayers throughout California. With offices conveniently located in Sacramento to serve taxpayers throughout the region, our diligent, award-winning team of tax professionals includes tax attorneys, CPAs, dually licensed attorney-CPAs for the full range of legal and financial tax planning, tax preparation, Federal and California civil audit / criminal tax investigation defense services.
Our skilled taxpayer advocates combine more than 20 years of experience representing taxpayers before federal judges, auditors from the Internal Revenue Service (IRS) and Franchise Tax Board (FTB), California Department of Tax and Fee Administration (CDTFA formerly know as the BOE), Employment Development Department (EDD), Administrative Law Judges (ALJs) with the Office of Tax Appeals (OTA), and others. Whether you are potentially facing felony tax charges, have questions about tax planning for your new business, need guidance on unfiled or delinquent tax returns, or require assistance with another tax matter, such as buying commercial property or passing down an inheritance, you can expect meticulous, aggressive, and client-focused service when you are represented by the Tax Law Office of David W. Klasing.
To arrange a reduced-rate initial consultation with an experienced tax attorney in Sacramento, contact our main offices by calling (916) 290-6625 or (800) 681-1295 or visit our contact us page online to book your appointment. Our appointment only Sacramento Tax Office is conveniently located at the following address:
180 Promenade Circle, Suite 300, Sacramento, CA 95834
International Tax Law Attorneys in Sacramento, CA
The ownership or control of a checking account, savings account, business account, foreign Bitcoin wallet/exchange, or other foreign source of taxable income that is located in a foreign country or territory may trigger foreign income and information reporting requirements under assorted federal laws. The two most prominent examples of this are:
- The Bank Secrecy Act (BSA), which establishes a requirement to disclose foreign bank accounts by filing an FBAR (also known as a Foreign Bank Account Report or FinCEN Form 114, formerly Form TD F 90-22.1). You may need to file an FBAR if your offshore income, such as the contents of one or more overseas bank accounts, exceeded $10,000 during the relevant tax year.
- The Foreign Account Tax Compliance Act (FATCA), which establishes a requirement to disclose offshore earnings by filing Form 8938 (Statement of Specified Foreign Financial Assets). You may need to file Form 8938 if your foreign earnings exceeded $50,000 during the relevant tax year.
Failure to comply with either requirement can cause the IRS to take actions ranging from assessing civil penalties (fines) for merely negligent actions or inactions, through recommending you to the Department of Justice (DOJ) for federal prosecution where income and foreign information reporting requirements are willfully omitted or misstated. However, you may be able to avoid these issues by filing amended returns through a domestic or expat streamlined disclosure program, participating in the Offshore Voluntary Disclosure Program (OVDP) before September 2018, or taking other corrective measures. Consult with our international FBAR attorneys, OVDP attorneys, or tax attorneys for expats for immediate guidance.
Sacramento Employment Tax Attorneys for Corporations, LLCs, and Partnerships
Taxpayers are subject to complex rules for filing and, in many cases, paying taxes to the IRS or California FTB or EDD. Some of the most stringent regulations apply to business owners and employers, who are subject to numerous requirements that do not affect the average taxpayer. For example, employers typically have a legal responsibility to withhold from employee pay, in some cases match, and remit to the IRS payroll taxes, which are alternately known as “FICA taxes” or “trust fund taxes.” These employment tax requirements generally involve state and federal income tax, the Social Security Tax, the Medicare Tax, and in cases involving high-earning employees, the Additional Medicare Tax (AMT).
Employers frequently run into legal trouble when they fail to withhold, match, and/or deposit payroll taxes as required, which can result in a trust fund recovery penalty (TFRP) or even criminal charges arising from willful employment tax evasion. Moreover, business owners and entrepreneurs must think carefully about strategic short-term and long-term business tax planning to protect the company’s bottom line. To help employers better meet these goals, our Sacramento business tax attorneys and accountants offer a diverse range of tax planning and defense services for corporations, limited liability companies (LLCs), partnerships, and other types of business entities, including but not limited to accounting and bookkeeping, business entity selection, business succession planning, tax services for clergy, and tax planning for foreign companies.
IRS, EDD, CDTFA (BOE) and FTB Tax Audit and Appeals Representation in Sacramento
A tax audit, also called an “examination,” is the process of reviewing a taxpayer’s personal and/or business financial records to gauge the truthfulness and accuracy of tax information submitted to the IRS, EDD, CDTFA (BOE) or FTB. Taxpayer examinations can be carried out at the state or federal level, and may involve different sets of audit procedures or statutes of limitations depending on factors like:
- The reason for the audit
- Whether willful tax fraud or serious errors are suspected (known as an “egg shell audit”)
- Whether the examination is a field audit, an office audit (desk audit), or a correspondence audit
The IRS tax audit lawyers and FTB tax audit attorneys at the Tax Law Office of David W. Klasing represent entities and individuals in all types of state and federal tax audits, including but not limited to California employment tax audits, California sales tax audits, foreign account tax audits, FBAR audits, and worker classification audits. We can also provide representation should you disagree with the outcome of the audit, in which case you may generally dispute, appeal or “protest” an auditor’s conclusions by compiling comprehensive, fact-based evidence supporting your logic. If necessary, we stand ready willing and able to litigate your tax case but we find that the taxing authorities are more than willing to settle on fair and equitable terms once we convince them that the law and fact are on your side and we can prove it.
Whether you have recently been notified that you were selected for an audit and need help navigating the next steps, or have already been audited and are now seeking California or IRS appeals representation, our aggressive IRS, FTB, CDTFA (BOE) and EDD negotiators (where necessary Tax Litigators) are ready to act on your behalf.
Sacramento Criminal Defense Lawyers Handling Tax Evasion Charges
The IRS has a fearsome reputation for aggressively enforcing compliance with federal tax laws. It takes only a glance at the IRS’ criminal enforcement data to see why this is so, considering that out of 2,744 recommendations for prosecution in 2016, a total of 2,672 – about 97.4% – culminated in criminal tax convictions.
Making this even more worrisome for taxpayers are the harsh penalties that can result from criminal tax charges: for instance, the five-year statutory maximum sentence and $100,000 criminal fine which may be imposed for a single count of willful tax evasion under 26 U.S. Code § 7201. In addition to sentences and criminal fines provided by various criminal tax statutes, defendants in criminal tax cases are also at risk of supervised release, IRS restitution, misdemeanor or felony records, and, in the cases of certain professionals or business owners, irreversible damage to one’s career or company. This is especially true for anyone licensed under California Business and Professions Code (i.e., Lawyers, CPAs, Engineers, Doctors, Architects, Dentists, Veterinarians and many more) where professional discipline that invariably follows a Federal or California criminal tax prosecution, will often result in the loss or suspension of California licensure.
Our criminal tax defense attorneys are qualified to represent defendants in federal court against a range of serious charges, such as income tax evasion (evasion of assessment/payment), willful failure to collect or pay over tax (payroll tax fraud), failure to file, supply information, or pay tax, or making false statements to the IRS or other government tax authorities. These and other tax offenses may be alleged against individuals, corporations, or both.
If an IRS criminal investigation has already begun against you, or if you suspect that a Federal or California Criminal Tax Investigation may be initiated, it is critical that you contact our tax evasion lawyers for an explanation of your rights, your responsibilities, and what steps to take next. Our IRS tax attorneys may be able to, at best, minimize the assessment of additional tax penalties and interest by keeping an issue purely civil, to at worst, minimizing jail time served in the event of a criminal tax conviction. However, the longer you wait to start planning a tax defense strategy, the more difficult it will be to confront the potential criminal tax charges and maintain your freedom successfully. Contact our Sacramento criminal tax defense attorneys right away for help with defending a Federal or California criminal tax charge, high risk egg shell audit, or criminal tax investigation.
Sacramento Tax Lawyers for Individuals and Businesses
When it comes to the U.S. Tax Code or California’s Revenue and Taxation Code, errors can be costly – not only to the taxpayer, but also to his or her family, business, or professional credentials and reputation. Even in cases where this no danger of noncompliance, the taxpayer can still suffer financial losses by overlooking or misunderstanding the complex regulations surrounding tax credits, tax deductions, tax exemptions, or investment opportunities, all of which are undergoing dramatic changes in light of the recently passed 2017 tax reform legislation, or Tax Cuts and Jobs Act (TCJA).
Whether you need to defend yourself against allegations of willful tax fraud or negligent tax mistakes, or are simply looking to lighten your tax burden and preserve your wealth by using the current tax laws more efficiently, count on the Tax Law Office of David W. Klasing for personalized guidance, courteous service, and tireless advocacy. To schedule your reduced-rate initial tax consultation, use our online scheduling form or call (916) 290-6625 or (800) 681-1295 today.
Sacramento Tax Law Offices
For any of your tax planning compliance and controversy needs in Sacramento, contact the Lawyers at The Tax Law Offices of David W. Klasing today. Our experienced Tax Lawyers offer a reduced-rate consultation on new cases or engagements. Call (916) 290-6625 or 800-681-1295 or contact us online today to schedule a reduce rate initial consultation at our Sacramento tax law offices, or at one of our other convenient locations across Southern California.