Corporate Transparency Act
On January 1, 2021, the Corporate Transparency Act was passed by Congress. The Corporate Transparency Act allows the government to close off a major avenue for money laundering in the…
Understanding Business Taxes
The Orange County business tax attorneys here at Evolution Tax & Legal frequently receives questions on how to plan for and appropriately file taxes for your business, whether it operates…
Tax Planning for Businesses
All businesses want to lower the amount of tax they pay. So, how do you actually do that? The team here at Evolution Tax & Legal is here to help…
Series 202: Types of Entities and How They Are Taxed
There are various types of entities through which businesses operate. These generally consist of corporations, general and limited partnerships, and LLCs. Each type of entity has its own specific operating…
Series 203: US International Tax Systems for Businesses
Now that we’ve covered the basics of tax for businesses in Series 201: Tax Deadlines to Know for Businesses and Series 202: Types of Entities and How They Are Taxed,…
Can You Deduct Management and Investment Advisory Fees after Tax Reform?
The short answer to whether or not people can deduct management and investment advisory fees (such as asset management fees for an investment into an real estate partnership) is well,…
Capital and Profits Interest – What is The Difference?
Capital and profits interest—what are they and when are you taxed on it? The answer is generally the same with any other lawyer answer . . . it depends. First…
2018 Year End Tax Considerations
The Biggest Change Since 1986—The Tax Cuts and Jobs Act This past year was the first time in a long time that individuals, businesses, and even tax specific professionals…