Brotman Law Featured in Inc. Magazine - Fastest Growing Law Firm in California

The Augusta Rule Explained: Tax-Free Home Rentals for Your Business

Website Banner 1920X500 1

The Augusta Rule: Rent Your Home to Your Business—Tax-Free! Key Takeaways The Augusta Rule: Rent Your Home to Your Business—Tax-Free! What Exactly is the Augusta Tax Rule? Do You Qualify for the Augusta Tax Rule? How Does It Work? Benefits of the Augusta Rule It’s true—you can rent your home to your business for up … Read more

Taxes on a trust fund in California: brackets, distributions & more!

Website Banner 3

Key Takeaways

  • Do trusts pay tax and how are trusts taxed for income tax purposes in California?
  • Applicable taxes on trust funds & the different trust funds
  • Trust tax rates for 2023
  • Are distributions from a trust taxable to the recipient in California?
  • Allocation of taxes on a trust fund in California

In the midst of tax filing season, it’s common to start worrying and thinking about taxes on a trust fund.

Read more

Brotman Law Featured in Inc. Magazine - Fastest Growing Law Firm in California