ADVERTISEMENT
  • About
  • Contact
  • Testimonials
  • Demographics & Advertising Rates
Tuesday, January 19, 2021
Search
    Generic filters
    California Business Journal
    54 °f
    Los Angeles
    65 ° Wed
    63 ° Thu
    57 ° Fri
    54 ° Sat
    52 ° Sun
    52 ° Mon
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

    • People
    • Featured
      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

      Photonic Chip

      The First Photonic Chip Has Arrived. What Does That Mean For Augmented Reality?

      Supreme Court Sports Betting

      California’s Bid for 2022 Sports Betting Legislation

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

      hands of business people typing on a keyboard - Should You Start An Online Business: 4 Things To Consider First

      Should You Start An Online Business: 4 Things To Consider First

    • Law
      law books

      Career paths available with a law degree

      background-check

      How Do Background Check Sites Find Your Information?

      hurricane

      Weathering the Storm

      tower-bridge-london-england

      How to apply from the USA to one of the most famous law universities in the UK

    • News
      AB3088

      California COVID-19 Rent Relief Policies Economically Unsustainable

      american-flag

      Dreamers Won Full Restoration of DACA…What Now?

      Airplane Landing

      London Heathrow one step closer to controversial third runway

      Payment Gateway Online Payment Services

      California Mutual Partners with Invoice Cloud to Improve Insurer’s Efficiency and Simplify Process for Policyholders

    • Human Interest
      • Food
      • Art & Culture
    • Education
      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      MacBook

      Enhance Your Tech Needs With Quick Decluttering Maxims

      Monetize student blog

      When to Monetize Your Student Blog & How to Do It?

      Office Equipment

      4 Pieces of Office Equipment that Will Make Life Easier

    • Health & Fitness
      Eesha Patel feature

      Multi-Dimensional Reality

      166521182

      One Hour Each Morning for the Remaining 23

      The Surprising Link Between Gut Health and Mental Health - The Surprising Link between Gut Health and Mental Health

      The Surprising Link between Gut Health and Mental Health

      87 CBN vs CBD How Are the Benefits Different - Commonly Asked Questions About CBD Oil in the USA

      Commonly Asked Questions About CBD Oil in the USA

    California Business Journal
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

    • People
    • Featured
      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

      Photonic Chip

      The First Photonic Chip Has Arrived. What Does That Mean For Augmented Reality?

      Supreme Court Sports Betting

      California’s Bid for 2022 Sports Betting Legislation

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

      hands of business people typing on a keyboard - Should You Start An Online Business: 4 Things To Consider First

      Should You Start An Online Business: 4 Things To Consider First

    • Law
      law books

      Career paths available with a law degree

      background-check

      How Do Background Check Sites Find Your Information?

      hurricane

      Weathering the Storm

      tower-bridge-london-england

      How to apply from the USA to one of the most famous law universities in the UK

    • News
      AB3088

      California COVID-19 Rent Relief Policies Economically Unsustainable

      american-flag

      Dreamers Won Full Restoration of DACA…What Now?

      Airplane Landing

      London Heathrow one step closer to controversial third runway

      Payment Gateway Online Payment Services

      California Mutual Partners with Invoice Cloud to Improve Insurer’s Efficiency and Simplify Process for Policyholders

    • Human Interest
      • Food
      • Art & Culture
    • Education
      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      MacBook

      Enhance Your Tech Needs With Quick Decluttering Maxims

      Monetize student blog

      When to Monetize Your Student Blog & How to Do It?

      Office Equipment

      4 Pieces of Office Equipment that Will Make Life Easier

    • Health & Fitness
      Eesha Patel feature

      Multi-Dimensional Reality

      166521182

      One Hour Each Morning for the Remaining 23

      The Surprising Link Between Gut Health and Mental Health - The Surprising Link between Gut Health and Mental Health

      The Surprising Link between Gut Health and Mental Health

      87 CBN vs CBD How Are the Benefits Different - Commonly Asked Questions About CBD Oil in the USA

      Commonly Asked Questions About CBD Oil in the USA

    Search
      Generic filters
      California Business Journal

      Legal Profile: Allen Barron Inc.

      Janathan Allen grew up in legal circles. Her father, a Montana judge, instilled a sense of right and wrong at an early age, a compass that greatly influenced her professional career and education

      by Chris Casacchia, Senior Writer, California Business Journal
      A A
      Symbol of law and justice in the empty courtroom, law and justice concept.

      Symbol of law and justice in the empty courtroom, law and justice concept.

      Share on FacebookShare on Twitter

      Business and tax attorney Janathan Allen has a stern warning for small businesses caught in the economic downturn fueled by the coronavirus pandemic.

      “If you think things are going to revert from where they were, then you won’t survive in all likelihood,” says Allen, a partner in the San Diego consultancy Allen Barron Inc. and founder of Janathan L Allen, APC. “If you don’t adapt, you won’t succeed.”

      Allen has been helping business clients address several deep-rooted challenges, including finding ways to postpone rent payments.

      “That’s going to be a huge issue at the end of the year because all the programs currently in place defer rent, they don’t abate it,” she says.

      Navigating clients through the complex tax requirements and ramifications of the Paycheck Protection Program created in the Coronavirus Aid, Relief, and Economic Security Act is taking up more time on her docket.

      The program, which authorized up to $659 billion for job retention, allows small businesses to access this funding pool to pay up to eight weeks of payroll costs, including benefits, rent, utilities and mortgage interest.

      - Legal Profile: Allen Barron Inc.Allen believes a clear assessment of the success of the CARES Act legislation and its efforts to stimulate the economy won’t truly be realized for years, if at all, considering its swift passage and lack of guidance in the 335-page document.

      “There are thousands of questions that won’t be answered until tax returns, loan programs and results of some the regulations that came out are actually settled,” she says.

      Developing longer-term strategies, Allen contends, is essential for business survival in the age of COVID-19, considering the great unknowns related to government interventions, business allowances, and an eventual vaccine.

      “Often times that means restructuring what they are doing,” says the Montana native who began her career in public accounting, but quickly bored of that specialization.

      Related

      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      January 18, 2021
      dna-double-helix-chemical-formulas-computer-generated-d-rendering-medical-research-background-rotation-184787276

      Who is part scientist, inventor, anthropologist, explorer, designer, engineer, architect, reporter, journalist, museum curator, travel guide, therapist, teacher, trainer and athletic coach?

      January 14, 2021
      Load More

      Allen went back to school and earned an MBA in international finance as the U.S., Canada and Mexico established the North American Free Trade Agreement, a trilateral trade block designed to spur foreign direct investment, a key development that propelled California’s role on the global stage.

      Allen grew up in legal circles. Her father, a Montana judge, instilled a sense of right and wrong at an early age, a compass that greatly influenced her professional career and education. Allen also earned a doctorate in law from Southwestern University School of Law, and a Masters of Laws degree from University of San Diego.

      After leaving public accounting, she moved into the private sector as tax director for biotech firm, Hybritech Inc., progressing through the ranks, from controller to chief financial officer and legal counsel at several San Diego companies before becoming a partner at Allen Barron Inc. and establishing her own law firm.

      The expertise at Allen Barron extends far beyond taxes, accounting and the law.

      “Our goal is to go back and solve complex problems,” says Allen, who’s helping several restaurant clients stay afloat after losing as much as 75% of their seating capacity due to social distancing requirements.

      Property owners expect lease payments in full, while many small businesses and home renters don’t have the means.

      “This is where the chasm between Main Street and Wall Street really comes in. There has to be some mechanism that allows them to catch up over time without causing huge economic devastation.” — Janathan Allen, a partner in the San Diego consultancy Allen Barron Inc. and founder of Janathan L Allen, APC

      The international business expert and long-time author on such matters has noticed another alarming trend developing in Southern California residential real estate as foreign owners, primarily Chinese, pull money from the market and put homes up for sale.

      Unlike years past, they’re not reinvesting that money back into California real estate, or elsewhere throughout the country and economy.

      “We’re seeing a decline in terms of investment into the states because of a lot of policies coming out of Washington,” Allen says. “We see it virtually everywhere.”

      Copyright © 2020 California Business Journal. All Rights Reserved.

      This article was edited and published by Rick Weinberg, California Business Journal’s Founder and Editor-in-Chief. Click here for Rick Weinberg’s biography.

      TO READ THE MAGAZINE VERSION OF THIS ARTICLE, click here.

      s1

      s2

      ADVERTISEMENT

       

       

      Tags: accountingAllen Barron LawAmericanAnsweredattorneyAttorney Janathan AllenbiotechCaliforniaChineseCoronaviruscoronavirus pandemicCovid-19developmentDiegoeconomyeducationEstatefinancefundinginternational businessinvestmentlawlaw firmloanMastersMexicomortgagePaycheck Protection Programpayrollreal estateregulationsrentresidentialRetentionSan DiegoSouthern CaliforniataxTax attorneytaxestradewall street

      Get real time update about this post categories directly on your device, subscribe now.

      Unsubscribe
      ADVERTISEMENT
      Previous Post

      8 Signs Your Dog Has Anxiety (and What to Do About It)

      Next Post

      How Long Does It Take to Make an App for Your Business?

      Chris Casacchia, Senior Writer, California Business Journal

      Chris Casacchia, Senior Writer, California Business Journal

      Chris Casacchia covers U.S. and global equity markets, finance, startups, venture capital, private equity, aerospace and SEC disclosures. A graduate of Arizona State University, Chris was Technology Editor for the Orange County Business Journal before joining California Business Journal as Senior Writer. He is also a Media Consultant.

      WHAT TO READ NEXT

      dna-double-helix-chemical-formulas-computer-generated-d-rendering-medical-research-background-rotation-184787276
      Business

      Who is part scientist, inventor, anthropologist, explorer, designer, engineer, architect, reporter, journalist, museum curator, travel guide, therapist, teacher, trainer and athletic coach?

      January 14, 2021
      Lisa Thee
      Business

      Launch Pad

      January 14, 2021
      Silicon V Real Instituto
      Featured

      The Entrepreneurs ‘Angell’

      January 12, 2021
      gary vaynerchuk finger
      Business

      Gary Vaynerchuk’s Essential Tips For Business Growth

      January 8, 2021
      art and science of conversation
      People

      The Art and Science of Conversation

      January 7, 2021
      Phil Bristol, Founder of Projectivity Solutions, crop
      Business

      Centered on Trust

      January 6, 2021
      Next Post
      Man holding smart phone with colorful application icons comming out

      How Long Does It Take to Make an App for Your Business?

      Follow Us

      ADVERTISEMENT

      Categories

      • Art & Culture
      • Business
      • Editor's Choice
      • Education
      • Featured
      • Finance
      • Food & Dining
      • Health & Fitness
      • Human Interest
      • Insurance
      • Law
      • Marketing
      • Medical
      • News
      • People
      • Popular
      • Real Estate
      • Social Media
      • Technology
      • Uncategorized

      CBJ Partner Firebrand Media

      Laguna Beach Independent Newspaper

      Laguna Beach Magazine

      Laguna Beach City Guide

      On The Menu Laguna Beach

      Newport Beach Independent Newspaper

      Newport Beach Magazine

      Newport Beach Country Club Magazine

      Coastal Real Estate Guide (NB,LB, CDM)

      Montage Magazine

      Monarch Beach Resort Magazine

      Pacific Coast Magazine (SoCal)

      Omni Escapes Hotel Magazine

      Sea Island Life Magazine

      Salamander Hotel & Resorts Magazine

      Bespoke Concierge New York

      Evans Hotels

      View our entire portfolio here

      ADVERTISEMENT
      ADVERTISEMENT
      Facebook Twitter LinkedIn LinkedIn Instagram
      C B J   LOGO  SVG-01
      • About
      • Contact
      • Testimonials
      • Demographics & Advertising Rates

      Newsletter

      Top Stories

      • Judge gavel, scales of justice and law books in court

        Lawsuit Basics: How Much Does It Cost to Sue Someone?

        0 shares
        Share 0 Tweet 0
      • REPORT: TECH GIANT CISCO ABOUT TO LAY OFF 14,000

        0 shares
        Share 0 Tweet 0
      • The DealMaker

        0 shares
        Share 0 Tweet 0

      Latest Articles

      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      January 18, 2021
      MacBook

      Enhance Your Tech Needs With Quick Decluttering Maxims

      January 18, 2021
      Monetize student blog

      When to Monetize Your Student Blog & How to Do It?

      January 16, 2021

      California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
      ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
      Site Design by 1REALTOUR

      Search
        Generic filters
        • Front Page
        • Business
          • Insurance
          • Real Estate
        • Finance
        • People
        • Featured
        • Technology
        • Law
        • News
        • Human Interest
          • Food
          • Art & Culture
        • Education
        • Health & Fitness

        California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
        ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
        Site Design by 1REALTOUR

        Do NOT follow this link or you will be banned from the site!