I wish that it was as easy as just filing a form with the State and you have magical tax savings and bullet-proof asset protection, but that’s simply not the case. Here are 7 must do steps to protect your S-Corp.
I meet one on one with at least 1,000 clients a year to discuss their business
Every week our firm gets call from clients around the country who have lost money by investing with friends, family or neighbors they trusted—but who were not licensed to sell securities or did not properly document the relationship as a partnership.
There are several ways to handle a parent’s home depending on their particular health or financial situation. At a bare minimum, your parents should have a Revocable Living Trust to ensure the orderly and effectively transfer of the home to the family and avoid probate in states where the expense is significant.
Student loans cause a great deal of stress in the lives of many Americans. From keeping track of payment deadlines or living in constant fear of not being able to make their next payment, the whole process can be overwhelming. The bottom line is even if you are making payments and chipping away at your
As we have been working through tax returns for clients this tax season, it’s alarming to see how many clients aren’t maintaining their checkbook properly, or not even having a separate checkbook at all for each of the companies they own and operate.
If properly created and maintained, the Series LLC may be an extremely useful tool for investors with multiple investment properties.
A Benefit Corporation will need to exemplify various practices and policies that show you are more concerned about benefiting the public through social or environmental causes than simply making profit.
I recommend to ALL of our clients to purchase at least one rental property a year for tax planning and wealth building benefits.
You may think your new business and idea needs 100% of your attention and time…however, what your business really needs more than your time is YOUR financial stability.
This tax incentive allows investors to reduce taxable gains and possibly obtain tax-free growth if they re-invest capital gains into real estate within designated Opportunity Zones
All of us want to save taxes, but at the same time stay out of trouble with the IRS. In fact, I would hope we would even have a higher standard of being honest and ethical in the manner in which we all report our income, deductions and file our tax returns. We live in
