The Corporate Transparency Act (CTA) Could Impact Your Estate Plan
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The Corporate Transparency Act (CTA) Could Impact Your Estate Plan

Starting on January 1, 2024, the Corporate Transparency Act (CTA) will require certain business entities to file a report detailing the ownership of their entity. Lawmakers designed this new law to combat money laundering, tax fraud, and other illegal acts. For this reason, if you have an entity as part of your existing estate plan,…

Did You Know of the Corporate Transparency Act?
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Did You Know of the Corporate Transparency Act?

The Corporate Transparency Act, or the CTA, enhances corporate transparency to combat money-laundering, terrorism, tax evasion, and other financial crimes. It does so by setting up a national database that identifies the humans behind the companies. This database helps law enforcement sift through companies used for nefarious purposes.  The Objectives of the Corporate Transparency Act…

Apple’s Tax Agreement With Cupertino Has Fallen Under California Tax Authority’s Scrutiny
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Apple’s Tax Agreement With Cupertino Has Fallen Under California Tax Authority’s Scrutiny

The California Department of Tax and Fee Administration (CDTFA) launched an audit in 2021 investigating an arrangement between Apple and the city of Cupertino. The arrangement began in 1998 using a 1950s law that looks at orders based on the sale location. In other words, online orders are taxed based on the company’s location, not…

Including a Limited Liability Company in Your Estate Plan

Including a Limited Liability Company in Your Estate Plan

A limited liability company (LLC) can own some of your bank accounts and property. For this reason, including a limited liability company in your estate plan can be a great tool. Doing so can protect the wealth that you’ve worked hard for. What Is an LLC? An LLC combines the advantages of a partnership or…

Tax Cuts and Jobs Act of 2017
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Tax Cuts and Jobs Act of 2017

By R. Zebulon Law, Esq. LL.M., CPA This morning (December 22, 2017), President Trump signed H.R. 1, the Tax Cuts and Jobs Act.  This is the most significant tax legislation in 30 years, and we wanted to share some of our initial impressions and observations with our clients and friends. Probably the most signification change…

New Deed Recording Tax
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New Deed Recording Tax

Dear friends, family and clients: We wanted to make you aware of a recent legislative change that will go into effect in the new year. The California State Senate passed the Building Homes and Jobs Act (SB-2). The bill’s purpose is to provide funding for affordable housing in California, it will be funded by an…