Building a Personal 10-Year Plan

person with pencil in hand in front of a laptop

Young or old, stable or in transition, starting a new business, or trying to find an exit strategy for a mature business, building a 10-year plan can give you a significant edge in living a happier and more fulfilling life. More specifically, for a business owner it could be the difference between making a profit […]

Where to Set-up my Corporation or LLC

3 people gathering on a small wooden table planning a calendar

Choosing the State in which to set-up your corporation or LLC is actually a very straightforward decision. Don’t let someone talk you into setting up your new entity in Nevada, Delaware, Wyoming or Utah…just to name a few.

5 Steps to Get Out of Debt and STAY Out of Debt

5 steps to get out of debt and stey out of it

Go into debt. That’s right…but “Good debt”. I want you to use good debt to buy rental real estate, start or expand your business, and build additional cash flow. You may even enter into debt for a modest home if you are renting. Many consider a modest auto loan or home loan profitable debt, IF it helps you make money by driving to a job and NOT paying rent to someone else.

Is Redeeming Airline Miles Taxable?

is redeeming airlines miles taxable?

Before you start clearing your calendar, think about this – redeeming those points or claiming your rewards may be a taxable event. Maybe it’s time to redeem those credit card points or miles you’ve been saving up and jump on a plane headed someplace warm. How about Miami, or maybe Maui?

Maintaining Your S-Corporation

maintaining your s-corporation

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.

When to Use a Benefit Corporation

when to use a benefit corporation

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.