San Bernardino, CA Tax Attorney

No matter your level of income, wealth, or investments, you need to pay taxes. However, strategic tax planning and proactive strategies can help put you in a position to mitigate your tax burden, and strengthen your economic situation. Whether you are an individual, a small business, a large business, or another entity, our San Bernardino tax attorneys may be able to help. From helping you file state and federal taxes, to advising you on international tax requirements, to defending you during an audit, the Tax Attorneys, CPAs, and EAs at The Tax Law Offices of David W. Klasing may be able to help.

Do not expect your accountant to handle all of your tax needs. Instead, consider hiring an experienced tax attorney for advice on what tax laws apply to you, and how you may be able to save money going forward. If you may be facing criminal tax charges or an IRS audit, it may be particularly important to speak with a tax attorney like David Klasing. For a reduced-rate consultation on your tax situation, contact our tax law offices today at 800-681-1295 or schedule online today.

California and Federal Tax Attorney

The Tax Attorneys CPAs and EA’s at The Tax Law Offices of David W. Klasing have experience handling not only federal taxes, but California State and local taxes as well. Our attorneys can help you file the appropriate returns and other tax documents that apply to your financial situation. Whether you are a business filing corporate taxes, an individual employee filing a 1040, or an independent contractor filing a 1099, our Attorneys, CPA’s and EAs can advise you on how to best prepare your taxes to fulfill your civic duty, and maximize your tax refunds, deductions, and tax credits.

While most people are familiar with the annual requirements for federal taxes, they may not have the same understanding of California’s state taxation system. Especially for start-ups and small businesses, the sections of the California tax code dealing with corporate and business tax may be confusing. Avoid leaving your business open to an audit by hiring a tax attorney to review your tax strategy, help you file the appropriate tax documents, and proactively avoid potential audits before they arise. For help with both federal and state taxes, contact our offices today.

International Taxation in California

Many people throughout the State of California have wide-ranging investments, business holdings, and financial obligations. Many of these include offshore accounts, foreign business investments, and interactions with foreign regulatory agencies. In many cases, federal law has its own required disclosures for foreign investments and offshore accounts. Violating disclosure requirements is a severe crime, punishable by thousands of dollars in fines, as well as potential prison time. Do not leave your international tax requirements to chance; get the advice you need to keep your foreign accounts from fines and penalties.

The U.S. government requires any Americans with foreign accounts, mutual funds, trusts, or other financial holdings to file certain disclosures and follow the rules of various acts. The most common of these disclosures is a Report of Foreign Bank and Financial Accounts – confusingly abbreviated to “FBAR.” In addition, the Foreign Account Tax Compliance Act (FATCA) has its own required disclosures for foreign holdings, which must be reported on IRS Form 8938. Failing to disclose these accounts and holdings can lead to audits and criminal sanctions under U.S. law.

Failure to File Taxes in San Bernardino

Failing to file your taxes can lead to severe criminal penalties. Not only is it a crime to intentionally evade taxes, but it is also illegal to fail to file. In either case, the failure to file or the tax evasion must be “willful” to count as a violation of 26 U.S.C. § 7203 (failure to file) or § 7201 (tax evasion). Simply forgetting to file your taxes does not usually result in criminal sanctions, but it may result in expensive tax penalties, may mean losing your opportunity to claim certain tax credits or deductions, and may set you up for a potential audit, where the IRS can check if this is a one-time issue or part of a trend of tax violations.

Talk to an attorney immediately if you believe that your taxes were improperly filed, fraudulent, underpaid, or not filed. Our attorneys may be able to help you correct mistakes by filing amendments, or otherwise avoid criminal charges and sanctions where appropriate.

Appealing the Results of an IRS Tax Audit in California

Failure to file taxes, and many other acts or omissions, may trigger an IRS tax audit. Even if you have not made any tax errors, you may still be selected at random by a computer algorithm.

Regardless of why you are selected for an audit, it may be the case that you disagree with the audit’s results when the process concludes. Should you find yourself in such a scenario, you should discuss your rights to dispute, or “appeal,” the results of the audit with an experienced tax lawyer in San Bernardino. Depending on the circumstances, you may have grounds to appeal the results of the audit. If so, you will need to draft and submit a “protest letter” discussing the nature of your dispute, the reasons for your dispute, and the supporting facts and laws. Be advised that your appeal must have financial grounds, as the IRS will reject appeals “based on moral, religious, political, constitutional, conscientious, or similar grounds.”