2021 Tax Deadline Extension
The Internal Revenue Service announced on March 17 that they would extend the 2021 federal tax return filing and payment deadlines from April 15 to May 17. This ruling was…
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…
What to Know About the Estate Tax Plans Under the Biden Administration
With power transferring to the new Biden administration, taxpayers in the United States are likely to see many changes in the coming months. Biden’s tax plan included proposed changes to…
Comparing The Biden and Trump Tax Plan: How it Affects Businesses
While initial presidential debates leading up to the 2020 election contained brief discussions centered around both Trump and Biden’s tax plans, both the candidates and the moderators were focused on…
Comparing The Biden and Trump Tax Plan: How it Affects Individuals
In what seems to have been the most contentious election season to date, it appears there were more issues and policies to discuss than our candidates had time for and…
International Tax Planning Strategies
The world of U.S. tax surrounding foreign income and the reporting of foreign assets is extremely complex. Unfortunately, many domestic CPAs and tax attorneys do not understand the full set…
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 201: Tax Deadlines to Know for US-International Based Businesses
Whether you operate solely in the US, across multiple borders, or exclusively outside the US, so long as you have a US tax filing requirements, the deadlines to turn in…
Series 204: US Based Companies with Foreign (i.e. Outbound) Operations – Part 2: Dual Taxation Relief and Other Inventive Provisions
In Part 1 of this Series 204: US Based Companies with Foreign (i.e. Outbound) Operations, we covered the potential pitfalls out having operations abroad, namely, through the use of corporations.…