San Jose, CA Tax Attorney
The Tax Law Office of David W. Klasing is a full-service Tax Law and CPA firm serving individuals and business entities throughout the San Jose, California region. Our skilled and dedicated team of tax professionals, which includes Tax Attorneys and Certified Public Accountants (CPAs) from a diverse array of professional backgrounds, brings more than 20 years of experience to a wide range of civil and criminal defense tax issues, enabling us to deliver the high level of quality and in-depth analysis that your matter deserves. Whether your tax issue involves a foreign bank account, unfiled tax business and personal returns, an audit or criminal investigation, tax issues associated with divorce or estate planning, questions about effective tax planning for your business, or another question concerning state, federal, or international taxation, count on the San Jose Tax Lawyers and CPAs at the Tax Law Office of David W. Klasing for sound and strategic financial and legal guidance. Contact us online, or call (408) 643-0573 or (800) 681-1295, to schedule your reduced-rate initial consultation today.
San Jose Business and Employment Tax Attorneys
Providing a useful product or service is only half of running a successful business. In addition, business owners must also be mindful of state and federal business and employment tax provisions which can impact their bottom lines. However, when you are busy operating a company, you simply don’t have time to analyze the potential tax ramifications of every business decision.
Our San Jose business and employment tax lawyers can help you make advantageous choices for your business, while simultaneously protecting you from inadvertently violating Federal and California tax laws. No matter which stage of its life cycle your business has reached – from entity selection and formation, business sales or acquisitions, through dissolution and liquidation – our Tax Lawyers and CPAs can give you the tools to make informed, pragmatic decisions about how to handle the company’s finances on tax advantaged short-term or long-term basis.
We work with C corporations, S corporations, limited liability companies (LLCs), general partnerships (GPs), limited partnerships (LPs), limited liability partnerships (LLPs), and limited liability limited partnerships (LLLPs) that are registered to conduct business in the state of California and beyond. Whether you are looking to expand, pass down, merge, sell, or start a company, our Business Transaction Lawyers in San Jose can provide a range of tax and financial services, including:
- Bookkeeping and Accounting Services
- Business Succession Planning
- Estate Planning
- Tax Planning and Compliance
International Tax Lawyers in San Jose, CA
Regardless of whether you physically reside in California, another state, or a foreign country, you are generally required to report your foreign income, including foreign bank accounts and cryptocurrency stored in foreign wallets, to the Internal Revenue Service (IRS). Depending on how much income you stored or earned overseas, you may be required to file a Foreign Bank Account Report (FBAR or FinCEN Form 114), file Form 8938 (Statement of Specified Foreign Financial Assets), and/or file additional forms detailing your offshore account(s).
Failure to comply with these requirements, which are established by laws like the Bank Secrecy Act (BSA) and Foreign Account Tax Compliance Act (FATCA), can result in the imposition of civil and/or criminal penalties, including fines and potential incarceration. If you have concealed foreign income or assets, it may be possible to mitigate civil and criminal tax and foreign information reporting penalties by making a voluntary disclosure. However, the IRS is ending one of its largest disclosure programs, the Offshore Voluntary Disclosure Program (OVDP), in September of 2018. While other avenues remain open to taxpayers, it is of vital importance to report foreign income as soon as possible in order to hold penalties to a minimum. Our international tax attorneys, FBAR lawyers, Bitcoin tax attorneys, and offshore lawyers in San Jose offer:
San Jose Tax Defense Attorneys for Tax Evasion and Failure to File
Tax evasion occurs when a business or individual uses deceit to evade paying the taxes rightfully owed to State and/or Federal governments / taxing authorities. Common examples of actions that constitute tax evasion include omitting or underreporting income, exaggerating business expenses, failure to file a tax return (whether personal/business or state/federal), and claiming credits or deductions for which the taxpayer is not legally entitled to.
Whether willful or accidental, these actions are certain to draw the attention of the IRS and/or California Franchise Tax Board (FTB), California Departments of Tax and Fee Administration, (CDTFA formerly known as the BOE) or the Employment Development Department (EDD) which routinely collaborates with the IRS. Depending on whether the taxpayer’s error is determined to be deliberate, the taxpayer can face misdemeanor or even felony tax charges. If the indictment leads to a criminal tax conviction, the taxpayer could be imprisoned and ordered to pay penalties and restitution for all acts of evasion back to the dawn of time.
FTB and IRS Tax Audit Lawyers in San Jose, CA
There are numerous reasons the IRS or FTB, CDTFA or EDD can initiate a desk audit, field audit, or egg shell audit of a business or individual taxpayer. While some taxpayers are arbitrarily chosen for a tax audit based on computer software, or are singled out due to “risk factors” like operating a cash intensive business, most audits begin with an accounting error or suspected crime on the taxpayer’s part – and most audits end with the assessment of additional tax, penalties and interest or even occasionally in a recommendation that the taxpayer be criminally investigated and potentially prosecuted.
Due to these risks, it is crucial to be represented by an FTB Tax Audit Lawyer CDTFA / BOE Sales Tax Audit Lawyer, of EDD Employment Tax Audit Lawyer or IRS Tax Audit Attorney who wields a deep understanding of civil and criminal audit / investigation procedures, auditor / investigator, negotiation / representation tactics, and the full spectrum of options for resolving a Tax Controversy with the absolute minimal financial damage / prosecution exposure to the taxpayer. If you or your business has been chosen for an audit or criminal tax investigation in San Jose, our IRS tax attorneys are ready to fight in your corner. Audit / Criminal Tax Investigation matters we routinely handle include:
San Jose Audit Appeals / Litigation Representation
It is a costly mistake to assume that the outcome of an audit is guaranteed to be accurate or even remotely appropriate. On the contrary, in our experience, there are commonly instances in which the IRS, FTB, CDTFA or EDD will attempt to overstep its authority and attempt to secure a substantially excessive tax assessment.
Fortunately, these agencies provide opportunities for taxpayers, most effectively through qualified counsel, to dispute or protest audit outcomes based on differing interpretations of the law or factual evidence. However, the process for appealing an audit can be convoluted and confusing unless you are already familiar with the particular tax agency’s rules and procedures. With a reputation for providing aggressive Audit Appeals Representation, and where necessary, Tax Litigation, our Tax Controversy Lawyers and CPAs are prepared to guide, assist, and protect you throughout all stages of a Federal of California Tax Appeal or where absolutely necessary, litigation.
San Jose Tax Lawyers and CPAs Can Help
The U.S. Tax Code creates innumerable opportunities for strategic tax focused financial planning – and, on the other hand, innumerable opportunities to accidentally break the law and incur additional tax, penalties and interest. In addition, California enforces some of the nation’s strictest and most burdensome tax laws at the state level.
Having professional tax guidance from a knowledgeable and experienced taxpayer advocate, like the San Jose Tax Attorneys at the Tax Law Office of David W. Klasing, ensures that your legal rights will be protected, that your best financial interests will be prioritized, and that any penalties or fines you may be facing will be thoroughly reviewed and, if appropriate, aggressively challenged. Whether our Tax Lawyers in San Jose are preparing a tax return, negotiating an IRS installment agreement, litigating a Tax Court Deficiency Action, protesting the results of a state or federal tax audit, or defending a client against felony tax charges investigations or in court, our mission is to give each client the strongest possible platform for achieving a favorable outcome.
To discuss your tax issues confidentially via a reduced-rate initial phone or online encrypted and secure Go-To-Meeting video/audio consultation, contact the Tax Law Office of David W. Klasing online, or call (408) 643-0573 / (800) 681-1295. Our appointment only San Jose Office is conveniently located at the following address:
2033 Gateway Place
San Jose, CA 95110
San Jose Tax Law Offices
For any of your tax planning compliance and controversy needs in San Jose, 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 408-643-0573 or 800-681-1295 or contact us online today to schedule a reduce rate initial consultation at our San Jose tax law offices, or at one of our other convenient locations across Southern California.