The artist formerly known as “The Artist Formerly Known as Prince” had no known will or trust at the time of his death. Because Prince left no will or trust, the probate laws of the State of Minnesota will decide who inherits his massive estate, and in what percentages.
It’s scary for many of us to think where our address is posted publicly and how easy it would be for someone to find it.
Now I want to discuss the liability created by our personal actions that could threaten our business or assets. I call this “Outside Liability”- Exposure created outside our business that could allow a creditor to take our business from us.
Thousands of business owners get taken advantage of each year with high priced asset protection plans that don’t come close to providing the protection they were promised.
When it comes to these ever increasing expenses and strategies to make us more successful in our business, we should be looking for ways to deduct them.
No one wants to pay extra penalties for not making a deposit with the IRS.
I meet one on one with at least 1,000 clients a year to discuss their business
One of the potential risks of owning a small business and having employees, is the fateful day when they may get hurt while on the job.
The IRS is stepping up its audits on those with workers in their private homes. Make sure you are up to speed on the rules that apply to you AND your help.
Millions of Americans are unaware of the power of an HRA or “Health Reimbursement Arrangement”, in fact, many don’t even know that they exist.