Foreign Bank Accounts And Gifts To The Federal Government
Today we talk about common problems people run into with Foreign Bank Accounts, Trusts or Foreign Pension Plans. Also how, if you so desire, can make a charitable gift to the U.S. Federal Government. For questions regarding these or other tax issues you may have please contact me at 510-797-8661
Preparing Your Business Plan
Preparing Your Business Plan “Other things being equal, a well prepared business plan will increase your chances of obtaining the venture capitalist’s financial commitment.” Introduction A business plan is a description of your business. To be complete your plan should describe: Your company and industry The product The market and marketing approach How the product…
How to Recession-Proof Your Small Business
How to Recession-Proof Your Small Business The recent collapse of Bear Stearns & Co., one of the largest financial institutions in the world, has intensified the fears of most small business owners in the Bay Area despite an earlier, rosier prediction by the Association of Bay Area Governments that the recession would have minimal effect…
IRS Preventing Audit
IRS Preventing Audit Do you want an IRS agent to make a visit to your office? I don’t know many people who do, but knowing strategies to prevent an unwanted visit could certainly save you from an extra bit of stress in life. Only one percent of taxpayers yearly are selected for IRS audits, but…
Tips for the Self Employed in Avoiding an IRS Audit
Tips for the Self Employed in Avoiding an IRS Audit If you are self-employed, the chance that you have of being selected for an IRS audit will be closer to your ballpark. The IRS looks for red flags that when processing tax returns, targeting individuals to potentially audit. Self-employment is a flag in itself as…