The world of US tax surrounding foreign income and asset reporting is extremely complex. Unfortunately, many domestic CPAs and those taxpayers who take a “do it yourself” attitude fail to
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
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
For this week’s in review, we discuss a remaining issues in obtaining forgiveness on PPP loans provided to employee-owners, commentary on Democratic nominee Joe Biden’s proposed tax plans, and the
For this week’s in review, we discuss a recent uptick in American Expats renouncing their citizenship, new California law on foreign companies, how companies affected by COVID should be looking
For this week’s in review, we are looking into the IRS’s final rules on the foreign dividends received deduction, potential tariffs by Trump, the end of extradition and shipping tax
For this week’s in review, we are looking into the IRS outreach to those who have received all of their stimulus payments, the IRS refocus on audits and examinations on
For this week’s in review, we are providing a practitioner’s insight on the newly released final Foreign Derived Intangible Income deduction regulations, updates from the IRS on their plan to
Our newsletter helps breakdown complex subjects into bit sized overviews and discusses the most important current topics in the world of tax.