Tag: IRS Audit

IRS Tax Audits vs. Tax Relief in San Francisco: Caveat Emptor

Filed in CPA Blog by on November 14, 2014

“Caveat Emptor,” of course, is the famous Latin phrase for “Buyer Beware.” Sometimes people think of it as “buyers’ remorse,” meaning that sick feeling one might get after making a major purchase and then beginning to doubt whether one made the right decision. Nowhere is this more common than in the problematic industry of “Tax […]

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Choosing an IRS Audit Expert: CPA Firms or Attorney Experts

Filed in CPA Blog by on May 21, 2014

If you have received an IRS audit letter, you might have cause to be a bit afraid. The IRS is one of the more frightening government institutions, because of course nothing is certain in life beyond just death and taxes. That said, we work very closely with clients on IRS audit issues here in San […]

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Responding to an IRS or FTB Audit Request: Tips for San Franciscans

Filed in CPA Blog by on November 15, 2013

IRS and FTB audit requests can be scary!  Getting a letter from either the IRS or the FTB of California (or both) is likely to make even a  totally honest San Francisco resident sweat, as getting audited means having your records subjected to IRS and FTB scrutiny. Most of the time there is little to […]

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FAQs (Questions and Answers) on OVDP (Offshore Voluntary Disclosure Program)

Filed in CPA Blog by on April 28, 2013

April 29, 2013. Executive Summary. With San Francisco an International city, we have many inbound requests for help with the ‘OVDP’ or ‘Offshore Voluntary Disclosure Program.’ This program, of course, has to do with the disclosure of foreign-based assets by US residents. Because of continued strong interest from taxpayers and tax practitioners alike, the IRS […]

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FBAR and Foreign Financial Assets Filing Requirements for San Francisco Residents

Filed in CPA Blog by on November 15, 2012

November 3, 2012.  The Foreign Account Tax Compliance Act (FATCA), enacted in 2010 as part of the Hiring Incentives to Restore Employment (HIRE) Act, is an important development in U.S. efforts to combat tax evasion by U.S. persons holding investments in offshore accounts.  FATCA has implications for many San Francisco residents, because many San Franciscans […]

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Audited Financial Statement Services Announced by Bay Area CPA Firms Safe Harbor and G&J Seiberlich

Filed in CPA Blog by on September 30, 2012

September 29, 2012. San Francisco, CA. Safe Harbor CPAs, a leading San Francisco CPA firm for Audited Financials, is proud to announce an enhanced working relationship with G&J Seiberlich, a leading Napa CPA firm, on audited financial statements for Bay Area businesses. Many Bay Area businesses required audited financial statements for loan applications as well […]

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San Francisco CPA Firm, Safe Harbor Announces IRS Audit Representation Services

Filed in CPA Blog by on September 29, 2012

September 28, 2012. San Francisco, CA. Safe Harbor CPAs, a leading San Francisco CPA firm in San Francisco, announces increased IRS audit representation for Bay Area businesses. Recent IRS trends have increased the probability of business and individual audits, and this uptick in IRS audit defense requests has spurred the CPA firm to bolster its […]

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IRS Audit Triggers ~ Thoughts from a Top San Francisco Audit Defense Firm

Filed in CPA Blog by on September 23, 2012

September 23, 2012.  Most small businesses, in San Francisco and elsewhere in California, are fearful of an IRS Audit.  We know – as a top San Francisco CPA Firm, we do a lot of business helping businesses defend against IRS audits.   Our first message is “Don’t be afraid” – the IRS is just doing […]

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Employee Benefit and Retirement Plan (401K) Audit Services Announced via Partnership between Safe Harbor CPAs and G & J Seiberlich & Co LLP CPAs, Top Bay Area CPA Firms

Filed in CPA Blog by on August 29, 2012

August 30, 2012.  San Francisco, CA.  Safe Harbor CPAs, a leading CPA firm in San Francisco and G & J Seiberlich & Co LLP CPAs, a leading CPA firm in Napa, are proud to announce a renewed focus on employee benefit and retirement plan audits, including 401K plan audits.  Many employers are required by law […]

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Record Keeping Guide To Prevent IRS Audit Defense Released By Safe Harbor CPA

Filed in CPA Blog by on August 28, 2012

August 28, 2012. San Francisco, CA. Safe Harbor CPAs, a leading San Francisco CPA firm for IRS Audit Defense, has released an informative guide article defining a few helpful record keeping practices small businesses can do to avoid IRS audits and aide in IRS Audit Defense. The article discusses some basic record keeping strategies, including […]

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