Allen Barron, Inc.

05/29/2026

California tax enforcement is becoming increasingly automated and data-driven.

The Franchise Tax Board’s expanded use of advanced data-matching systems is leading to more automated notices, faster adjustments, and increased scrutiny of:

• LLC and S-Corp filings

• $800 franchise tax compliance

• Bonus depreciation differences

• Cryptocurrency reporting

• Residency and sourcing issues

In today’s environment, consistency between California returns, IRS filings, and third-party reporting is more important than ever.

Read the full article here: https://allenbarron.com/how-have-california-ftb-tax-audits-changed-in-the-past-year/

05/26/2026

Living abroad does not end your U.S. tax obligations.

IRS Publication 54 outlines what U.S. expatriates need to know about:
• Worldwide income reporting
• Foreign Earned Income Exclusion (FEIE)
• FBAR & Form 8938 reporting
• Foreign accounts and investments
• International tax compliance

For U.S. citizens abroad, understanding these responsibilities is essential to avoiding penalties and protecting your financial interests.

Read the full article:

U.S. Expatriates need to know IRS Publication 54 - You need an experienced International Tax Attorney, Free consultation 866-631-3470

05/21/2026

Do you have offshore accounts, foreign income, or international investments?

There is increasing enforcement through AI, FATCA reporting, and global financial data sharing.

Understanding your reporting obligations is more important than ever.

Read the full article: https://allenbarron.com/offshore-and-irs-tax-lawyer-to-protect-your-investments-and-interests/

05/13/2026

Think offshore accounts are still private? The IRS likely already knows.

Foreign banks report U.S. account holders directly to the IRS, most developed countries share financial data automatically, and cryptocurrency transactions are now tracked with AI-powered forensic tools. When discrepancies surface, penalties can reach 50% of your account balance — and ignorance of the reporting rules is no defense once an inquiry begins.

The time to act is before the IRS does.

Get the full breakdown here: https://allenbarron.com/the-irs-knows-about-your-offshore-activities/

05/07/2026

A California home valued at $915,000 could cost your family $45,000–$55,000 in probate fees — even with a large mortgage still on it.

That's because California bases probate costs on the full appraised value of your assets, not your equity. Without a family trust, your estate goes through a public court process that can drag on for up to 18 months.

The right plan now can save your family a significant amount of money and stress later.

📖 Get the full breakdown here: https://allenbarron.com/can-establishing-or-reviewing-a-family-trust-save-you-money/

Call Allen Barron at 866-631-3470 for a free consultation.

04/30/2026

Waiting to plan your estate? Your family shouldn’t pay the price.

Without a living trust, California’s probate system decides how your assets are managed — not you. Delays, public scrutiny, or mismanaged inheritances can leave your children unprotected and your legacy at risk.

A well-structured trust gives you control, protection, and peace of mind, from staged distributions to safeguards for special needs, education, and major life milestones.

⚠️ Don’t leave it to chance. See how Allen Barron can help secure your family's future.

https://allenbarron.com/parents-who-need-to-establish-a-living-trust/

04/28/2026

Selling your business? The biggest mistake isn’t the deal — it’s the taxes.

In California, tax treatment is layered and often overlooked — and without early, coordinated planning, a significant portion of your proceeds can be lost.

How your sale is structured, timed, and classified will ultimately determine what you keep.

💰See how to protect your net proceeds and how Allen Barron can help with an integrated approach to tax, legal, accounting, and business advisory services.

https://allenbarron.com/reduce-capital-gains-when-selling-a-california-business/

04/28/2026

04/28/2026

Huskies are more than pets they’re like furry children who fill your life with joy without asking for anything in return. No demands, no expectations, just pure happiness every time they see you. Their excitement is contagious, and their presence makes even ordinary days feel special. Life feels lighter when a husky is part of it.