Blog
Call Icon 408-866-1810

Representing Clients in Silicon Valley,

the San Francisco Bay Area, and Worldwide

Recent blog posts

San Jose tax attorney, estimated taxesIf you are an independent contractor, you may be required to pay your taxes several times throughout the year. This is called an estimated tax.

This requirement comes as a surprise to many freelancers and contract employees. If not properly handled, it can create undue stress as well as expose the taxpayer to IRS penalties.

It is important to not get bogged down in the complexity of your tax situation as an independent contractor. Instead, you should reach out to a professional, such as a tax attorney, who can advise you on how you need to comply.

...

San Jose tax law attorney, unpaid taxesA new law will soon go into effect that will revoke the passports of taxpayers who owe a significant amount of back taxes. This law was passed in 2015 as a tax collection tool for the Internal Revenue Service (IRS).

Details of the Law

The law allows the IRS to certify your tax debt to the State Department—the agency that issues passports. Once a tax debt is certified, the State Department will revoke passports or prevent passports from being issued to the tax debtor. The IRS has not yet begun certifying tax debt and has not announced the exact date this process will begin; however, the IRS did indicate that the first certifications could come in early 2017.

...

San Jose tax law attorney, tax considerationsIs a Non-U.S. Citizen Required to File a U.S. Tax Return?

Non-U.S. citizens with taxable income must file a tax return and must adhere to special requirements. This situation often comes up with international students and scholars who work or receive scholarship funds.

Requirements for Non-U.S. Citizen Taxpayers

...

San Jose tax law attorney, exit taxIf you a considering moving outside of the United States and renouncing your citizenship or long-term green card, there are important tax considerations you should review.

One of the most important determinations is whether you are a “covered expatriate,” as this group must pay an Exit Tax. There are steps you can take to avoid being classified as a covered expatriate.

The Exit Tax is calculated by the IRS as if you sold your assets and reported the gains. Net capital gains are taxed at rates of up to 23.8 percent. In 2017, the first $699,000 of gain is not subject to the Exit Tax.

...

not filing taxes, San Jose tax law attorneyYou may or may not know of someone who has not filed income taxes. It may be tempting each year to not file with the Internal Revenue Service (IRS); however, such an omission can lead to serious consequences.

California Filmmaker Josh Kornbluth was one of these non-filers. He did not file income taxes for seven years in the 1990s. He stopped filing taxes one year when his tax returns got more complicated after taking on freelance writing assignments. He said that he never got caught, which caused him to continue to not file.

"The first time, I got very nervous," Kornbluth told reporters. "But then I noticed that nothing happened to me. The next day after I didn't file was the same as the day before. It just became sort of a habit not to file."

...
Better Business Bureau American Bar Association State Bar of California Santa Clara County Bar Association San Jose Award Winning Lawyer
Back to Top