Evolved, LLC

09/02/2025

The Partnership Tax Deadline is Approaching: What You Need to Know - As the partnership tax deadline approaches, it is crucial for businesses to be proactive and informed to navigate this critical period successfully.

As the partnership tax deadline approaches, it is crucial for businesses to be proactive and informed to navigate this critical period successfully.

08/20/2025

What does the next generation have to say about their legacies in second- or third-generation family businesses? Most of them say that lack of communication by the senior business owners is leaving them in the dark.

This is according to a second-year NextGen survey by Cornell University.

❓🖋️One-third of respondents were unsure if they had an ownership stake at all.
📢📊Half indicated that the business did not have a family council where questions about legacy could be addressed.

https://hubs.la/Q03C70kw0

08/18/2025

The OBBBA has eliminated the "stay-put" penalty for high net worth homeowners, which could help them increase liquidity without high capital gains penalties and/or reinvest in new real estate development through bonus depreciation. This article talks about the opportunities.

https://hubs.la/Q03C6SJr0

08/14/2025

REMINDER: Federal estimated quarterly tax payments are due in 30 days, or September 15, 2025. Talk with an advisor at Evolved about your tax planning needs.

08/08/2025

A 'Trump Account' is a new savings vehicle for passing on wealth. The Tax Foundation said it is adding to a complicated set of savings vehicles already available. The article advocates for reducing the complexity and instituting a universal savings account. What do you think?

https://hubs.la/Q03C0bsp0

07/23/2025

Here is the full 2025 Global Private Markets Report by McKinsey & Company, including a section on the "fog clearing" for private equity since 2024. Let us know if you have questions about PE tax or deal due diligence.

FULL REPORT

In McKinsey’s latest annual Global Private Markets Report we look at some of the biggest trends shaping private equity in 2025 and beyond.

07/17/2025

It's time for a mid-year tax check-up. If your current CPA is not reaching out, contact us at Evolved, LLC. We focus on middle market businesses, private equity, family offices and high net worth clients. https://hubs.la/Q03v3BZv0

07/16/2025

Thinking of relocating your business to another state?

Before making the move, beware of hidden tax traps that can impact everything from state income tax exposure to nexus issues and exit taxes.

In our latest article, we outline the key tax pitfalls to watch for and how to avoid them.

Read more to make sure your move is a smart one.

Relocating a business headquarters to another state can be a strategic move, offering benefits such as lower tax burdens, reduced operational costs, an....

07/15/2025

NOTE: The IRS has a page that provides updates on postponement of federal tax filing and/or payments for designated disaster relief jurisdictions across the country. Read updates carefully, as some announce postponed FILING while others only allow postponement of tax PAYMENTS. Filing and payment deadlines may differ for your situation.

https://hubs.la/Q03v3sfM0

07/11/2025

Did you know that Evolved provides tax services and guidance to family offices? This article is an overview of the current tax landscape, which we are comparing to new federal legislation. Talk to us about how tax law changes may impact your family office or estate.

https://hubs.la/Q03v3pxP0

07/10/2025

The One Big Beautiful Bill Act has officially been signed into law bringing sweeping changes to the tax code that will directly impact high-net-worth individuals.

Our latest article breaks down what you need to know and how to plan for what’s next.

On the heels of intense legislative negotiations, the One Big Beautiful Bill Act (OBBBA) has officially been signed into law, ushering in one of the mos...

07/07/2025

If you have a federal tax payment that is still "pending" in your account from the IRS, note that some electronic payments have had delays in processing. If your account still shows a pending payment on July 15, you should contact the IRS.

https://hubs.la/Q03v3lmV0