The Newport Beach Tax Attorney blog is dedicated to tax issues serving Orange County and Southern California. Posts cover recent news and tax cases including offshore disclosures, tax litigation, IRS, and marijuana tax issues. For more on the Orange County Tax Attorney Joseph P. Wilson, visit www.wilsontaxlaw.com or 949.397.2292
Welcome to the Wilson Tax Law Blog - a Newport Beach Tax Attorney Blog
The Wilson Tax Law Group is a tax firm serving the Newport Beach and Yorba Linda areas. This blog is meant to be both a service to our clients, where we can post IRS, California Franchise Tax Board, FBAR, and Orange County property tax news that may be of interest to them. It will also be a place where we will post on topics that are of interest to us and other tax professionals following hot tax topics of the moment. Sometimes, those areas will intersect, because we handle cutting edge cases including tax audits and tax planning for marijuana dispensaries (sales tax and income tax) and defending taxpayers in criminal investigations of the FBAR penalties. This blog will be constantly evolving, so please give us feedback in the comments section if you think of future topics you would like to read more about.
The Orange County Bar Association has recognized Wilson Tax Law Group's recent selection by the Los Angeles and San Francisco Daily Journals as one of the "Top 20 Boutiques in California for 2016." See the OCBA announcement.
For Immediate ReleaseSeptember 26th 2016Finance Monthly 2016 Global Awards Finance Monthly Magazine
has selected the Wilson Tax Law Group, APLC as the Federal Tax Law Firm of Year
in the USA for 2016 in its Global Awards edition that has now been
published. Every year Finance
Monthly Global Awards celebrate the success of financial organisations and
advisers worldwide who have performed in the highest level possible. When
tasked with identifying the most successful organizations and advisers from
around the globe in order to produce this special awards edition, Finance
Monthly’s research team has through careful consideration worked hard to assess
nomination entries, and conduct extensive research involving clients and peers.
As a final result we are excited to present you a publication which contains
some of the most successful and trusted firms operating in the dynamic
financial sector, which will undoubtedly continue to experience growth through
their commitment to excellence in 2016 …
On Halloween day, after just four hours of deliberation, a retired senior vice president at Israeli-based Mizrahi Tefahot Bank Ltd. (MZTF) was acquitted in Los Angeles federal court on charges he helped U.S. customers conceal their assets from the Internal Revenue Service.
Shokrollah Baravarian, 82, was acquitted of charges of conspiring to defraud the U.S. and helping Mizrahi clients prepare false tax returns. Prosecutors claimed Baravarian helped clients who opened accounts in Israel, didn’t declare them to the IRS and accessed money through loans from the Los Angeles branch. The jury was not persuaded.
The U.S. has been campaigning heavily to curtail offshore tax evasion. The IRS, through the US Department of Justice, has charged more than 70 taxpayers and three dozen offshore bankers, lawyers and advisers in offshore tax evasions schemes. More than 45,000 Americans have avoided criminal prosecution by voluntarily disclosing their offshore accounts to the IRS, paying $6.5 bil…