Who exactly needs to report? After my last post, we got a lot of questions about how does and does not need to file so I recently uploaded a new video explaining the requirements. In this blog post, I'll share key takeaways from the video, shedding light on the...
The Corporate Transparency Act The Corporate Transparency Act (CTA) went into effect on January 1, 2024 and requires certain disclosures and filings listed below and explained further in the video below: With a few exceptions, every LLC and corporation is now required...
Business Succession Planning Tips According to the U.S. Bureau of the Census, over 90% of all businesses in America are family-owned. Yet a Wilmington Trust survey found nearly 60 percent of small business owners do not have a succession plan in place. It’s...
The Utah Jazz upset the Los Angeles Clippers and advanced to the second round of the NBA playoffs today. But even some of the most loyal NBA fans probably didn’t know that thanks to a recent move by the team’s owners, the Jazz are now owned by a “Legacy Trust” and...
In our last post we provided tips on how to save money through careful planning this tax season. But remember, there’s an important difference between tax avoidance and tax evasion. Tax avoidance is smart planning, tax evasion is illegal! Whether your income is fifty...
Five Essential Tips for Arizona Residents this Tax Season It's everyone's favorite time of year. Spring training, march madness, and of course, tax season! Sure, we get it, one of those items may not be as exciting as the other two, but as a law firm that specializes...
We've gotten a lot of questions about the impact of President elect-Trump's surprise victory on our clients' estate and tax planning goals and wanted to share a few quick thoughts. Tax reform has been on the top of President-elect Trump's proposals throughout the...
Done with finals and looking for a summer internship? We're looking to add 1-2 smart, creative, and energetic college students to join our team for the summer! If you're interested in gaining substantive legal experience, building your resume, and learning about the...
We counsel families and business owners with all of their estate, tax, and charitable planning needs. Contact us today to schedule your consultation.