Santa Barbara, CA Tax Attorney
Whether your financial situation is one of a single-income household, a family with children, independent investors, small to middle market business owners or management, or even one of California’s wealthiest residents, consulting with a dually licensed California Tax Attorney and CPA would be very beneficial. Our team of experienced Tax Attorneys, CPAs and EAs assembled by the Tax Law Offices of David W. Klasing, can help you minimize your tax burden by helping you strategically plan your investment and business transactions, and simultaneously protecting you from potential tax position errors and the associated underpayment penalties and interest.
If you are being investigated for tax crimes by the IRS or a California taxing authority, are under audit and have a history of large errors or willful income tax evasion underlies your filing history, or need help in understanding how a set of complicated domestic or international tax laws apply to you, contact our office today. The Santa Barbara Tax Attorneys, CPAs and EAs at The Tax Law Offices of David W. Klasing have decades of experience helping Californians keep the IRS and California taxing authorities at bay, and are ready willing and able to help you, too. Call 800-681-1295 or schedule online today for a reduced-rate initial consultation on your tax case.
Federal Tax Attorney in Santa Barbara
For help with your Domestic, California or International United States income tax and information filing requirements, contact the Tax Attorney’s CPAs and EAs of the Tax Law Offices of David W. Klasing today. Our staff has decades of sophisticated professional experience with federal taxation, compliance, planning and controversy.
One of the most advantageous actions you can take to legally reduce your ongoing Federal and California tax liability is to have one of our dually licensed California Tax Attorney CPAs review your overall tax situation, examine and implement legal tax planning strategies and help you file your required income tax and information returns on a timely basis.
Failing to make your estimated tax payments or to file your federal and California taxes on time is one of the common errors that taxpayers make. If you have a history of several years of non-filed income tax returns and have earned a substantial amount of income that has to date gone unreported, talk to a Tax Attorney about your options for getting your taxes brought current without facing potential criminal tax prosecution. Our Tax Attorneys, CPAs and EAs can advise you of your options, help you file complete and accurate domestic and international income and information returns, and help you through the subsequent federal and California income tax collection actions.
International Taxation Attorneys, CPA and EAs in California
If you have overseas business holdings, investments, or accounts, you are required to file specialized income tax compliance and information returns with the U.S. government. Our office has extensive experience in minimizing the potential double taxation that can occur where a foreign country taxes your offshore assets as well as the IRS.
The U.S. government imposes strict income tax and information reporting requirements for accounts, investments and businesses held / operated outside the United States. For example, under federal law, you must file an “FBAR” - a Report of Foreign Bank and Financial Accounts, to annually report any qualifying overseas accounts or face a $10,000 penalty. Moreover, the Foreign Account Tax Compliance Act (FATCA) may require you to additionally file Form 8938 or face a second potential $10,000 penalty. Willfully failing to file either or both of these forms carries significant additional tax penalties and can even lead to criminal prosecution and sanctions.
For help understanding your offshore income tax and information reporting obligations, talk to the Tax Attorneys, CPAs and EAs of the Tax Law Offices of David W. Klasing Today. Many of these requirements are complex and counter intuitive requiring that many actions related to these offshore holdings be reported under specific situations. Do not leave your financial welfare to chance; hire an experienced International Tax Attorney to review your offshore accounts, investments and businesses and put together a proactive international tax and information reporting plan that fits your needs.
Santa Barbara Audit Defense
Our Tax Attorneys, CPAs and EAs pride ourselves not only on our ability to play offense through comprehensive, proactive and legal tax, business and estate planning, but also on our superb ability to play defense through reactive civil and criminal tax controversy representation to minimize any potential additional tax, penalties, interest, restitution and criminal tax prosecution exposure that could follow. There are dozens of reasons you could wind up facing an audit in California, and there are numerous potential outcomes. Our Tax Attorneys, CPAs and EAs at best may be able to prove to the IRS that the taxes under audit were proper as originally filed and thus achieve a rare “no change” audit. At worst, in the case that you had errors or misrepresentations on your original Individual or Entity Tax Returns, we will fight to mitigate any additional tax, penalties and interest, which may involve presenting additional or corrected information or tax returns where appropriate, and defend you during an audit to keep the matter purely about money rather than criminal tax exposure. Schedule a consultation with our tax professionals today to understand what our firm can do for you during your IRS audit.
Appealing an IRS Tax Audit in Santa Barbara
If you do not agree with the outcome of an IRS tax audit, you should promptly discuss your legal options with an experienced Tax Appeals Lawyer in Santa Barbara, like those at The Tax Law Offices of David W. Klasing. Depending on factors like the amount in dispute and your reasoning for disagreeing with the results of the audit, it may be appropriate to initiate the IRS tax audit appeals process. We will not take a client into the IRS appeals process unless we firmly believe the appeal will better the outcome of the audit by reducing the additional tax, penalties and interest assessed in a manner that more than covers the costs of our representation. This requires that the law and the facts of the case be on the client’s side and a Tax Appeals Lawyer is the best tax professional to make this determination.
An appeal is started by submitting either a “protest letter,” or tax court petition which outlines your disagreement with the audit’s findings, why you disagree with the audit’s findings, and delineates any pertinent laws and facts to bolster your position as to why the IRS is in error. Our Tax Appeals Attorneys can help to ensure that your protest letter or tax court petition contains the appropriate information, is presented in a clear, compelling, and comprehensive fashion, and reaches the appropriate destination in a timely manner to preserve your appeal rights. Our Tax Attorneys will be able to answer your questions, guide you through the process, protect your rights, and explain your responsibilities at each stage of the appeals or litigation process.
Santa Barbara Criminal Tax Defense
If you are (or soon may be) facing serious civil and criminal tax consequences related to failure to file, tax evasion, or misrepresentations or purposeful non-filing of your domestic or international tax and information returns, our Tax Attorneys, CPAs and EAs are ready, willing and able to zealously defend you. There are dozens of potential tax crimes the government has in its arsenal against you under federal law, some of which carry the potential of a $250,000 penalty ($500,000 Corporate) and up to 3 to 5 years in a federal prison per count.
If you are ever in doubt about the legality of different tax options you are considering taking or potential errors in your previous domestic and international tax and information filings, talk to a Criminal Tax Defense Attorney before you are ever investigated / charged. Our lawyers may be able to help you file amendments to tax returns, file late tax and information returns, enter you into a domestic or foreign voluntary disclosure before you are ever formally charged with a crime and effectively remove the risk of criminal prosecution.
If you are find yourself under IRS criminal investigation we can zealously defend you through either creating an uphill battle for the government to prove that a tax crime has been committed or do damage control where he evidence is overwhelming against you through the process of cooperation to set up an advantageous plea bargain.
If you know for a fact you cheated on your tax returns and are facing an egg shell or reverse egg shell audit we have a great track record of avoiding criminal prosecution for our clients that have found themselves in similar circumstances (see our testimonials).
Santa Barbara Tax Lawyer
The Santa Barbara Tax Attorneys, CPA and EAs at The Tax Law Offices of David W. Klasing routinely and effectively represent taxpayers throughout Southern California. We will fight the IRS on your behalf, defend you against audits, and help you plan proactive tax strategies to legally reduce your ongoing tax burden. For a reduced-rate initial consultation, contact our office today at 805-200-4053 or 800-681-1295 our reach out to us online. Our Santa Barbara office is located in Downtown Santa Barbara just off State Street.