Tax Planning & Services

Many financial events in your business and personal life can influence your tax position over a period of years. That’s why it’s so crucial to obtain expert advice on tax planning strategies available… [Read More]

Latest News

national taxpayer advocate

National Taxpayer Advocate Critical Of IRS Offshore Disclosure Programs And Resulting FBAR Penalties

As a vocal advocate for taxpayer rights, the National Taxpayer Advocate Nina Olson has strongly criticized both the IRS Offshore Disclosure Programs and the resulting FBAR … [Read More...]

unreported foreign bank accounts

Unreported Foreign Bank Accounts Post-FACTA Lead To IRS Revelations And Criminal Convictions

Unreported foreign bank accounts are trouble in the 21st Century. After the adoption of FACTA ( the Fair and Accurate Credit Transactions Act) protocols worldwide, the reporting … [Read More...]

repair regulations, form 3115

ELLS CPAs Business Filing Report Regarding Repair Regulations Updated February 13, 2015

An important update for business tax filings in relation to IRS Repair Regulations from the ELLS CPAs Business Tax Team. In light of the new IRS Rev. Proc. 2015-20, a small … [Read More...]

form 1042

IRS Update To 2014 Form 1042 Instructions Underscore The Need For Accounting Help For Foreign Taxpayers

The IRS updated the Form 1042 instructions for 2014. The updates as described below by the IRS clearly show why an international tax consultant is needed for any taxpayer needing … [Read More...]

Ed Lieber Explains - Our Focus is You
ELLS CPAs is proud to be ranked #29 of the top 40 CPA firms in the Orange County Business Journal’s 2014 Book of Lists