As tax attorneys, one of the most common questions we are asked is if someone will get audited.  While this is an impossible question to answer, there are certain “red flags” that make an audit [...]

Similar to the IRS, California residents are taxed on their worldwide income, regardless of the source. However, California non-residents are only taxed on their California source income (which [...]

IRS audits can be stressful and overwhelming. Tax returns are selected for audit either randomly or for a reason.  The reason could be a related audit, such as a business partner or associated [...]

We are honored and excited to be the platinum sponsor of ANADE BC’s Regional Conference. This will be a great event with interesting topics and capped with great food, live music, and fun [...]

The 2017 Tax Cuts and Jobs Act capped the individual itemized deduction of state and local taxes to $10,000, which significantly decreased one of the biggest deductions for most Californians.  [...]

GILTI (Global Intangible Low-Taxed Income) went into effect in 2018.  The purpose of GILTI was to not allow tax deferral on offshore intangible earnings.  However, as we have detailed many times, [...]

The FBAR is one of the most common forms in international tax, and one with the most notorious penalties.  These penalties are adjusted yearly for inflation.  The maximum civil penalty that can [...]

Even after the closing of the Offshore Voluntary Disclosure Program (OVDP) there are very attractive options for taxpayers to become compliant with their taxes and international reporting.  In [...]

The foreign earned income exclusion allows for Americans living and working abroad to exclude earned income, up to $107,600/person for 2020.  To be eligible for the exclusion, taxpayers must have [...]

When dealing with international taxation there are many complex laws that can cause unexpected tax; however, the most severe and surprising situations often come from informational reports.  [...]