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Preparing for 2025: How to Build a Bulletproof Financial Plan
As the calendar turns toward a new year, it’s the perfect time to ensure your financial plans are as robust as your ambitions. A well-crafted financial strategy helps you navigate uncertainties, achieve your goals and create long-term stability. Here’s how… Read Now >>
What is the IRS Dirty Dozen List?
May 8, 2024
Have you heard about the enormous tax savings you can reap by investing in a Maltese individual retirement arrangement or utilizing Puerto Rican captive insurance for your business? Before you invest your hard-earned money in these or other highly promoted… Read Now >>
How to Utilize Overfunded Section 529 Plans
May 1, 2024
You can accumulate federal income-tax-free earnings with a Section 529 college savings plan account. Then, you can take federal-income-tax-free withdrawals to cover qualified education expenses—usually for college. Setting up a Section 529 savings account is a great idea for putting… Read Now >>
IRS Audits: What You Need to Know
April 24, 2024
The tax deadline is now behind us. Yet, some individuals and business owners are always worried about if they did everything correctly to avoid getting audited by the IRS. Filing taxes can be complex and some tax codes can be… Read Now >>
Why a Co-Owned Business Needs a Buy-Sell Agreement
April 17, 2024
As a co-owner of a business, you must consider the structural and legal frameworks that are crucial to ensuring the stability and continuity of your investment. This is a smart approach whether it’s an existing venture, a new enterprise you’re… Read Now >>
The Estimated Tax Penalty is at a 16-Year High
April 10, 2024
The United States has a “pay as you go” tax system in which payments for income tax (and, where applicable, Social Security and Medicare taxes) must be made to the IRS throughout the year as income is earned. This can… Read Now >>
Family Business Contingency and Succession Planning
April 2, 2024
In family businesses, the intertwining of personal and professional lives adds a unique layer of complexity to business contingency and succession planning. It’s not just about ensuring business continuity or leadership transition; it’s about preserving a legacy that embodies family… Read Now >>
Succession Planning for Entrepreneurs: The Key Steps to Take
March 27, 2024
For entrepreneurs and real estate investors, estate planning and business succession planning are not just parallel tracks; they are intricately intertwined. A holistic approach to integrating these plans ensures that both personal and business assets are managed strategically, safeguarding your… Read Now >>
Succession Planning for Entrepreneurs: Ensuring a Seamless Transition
March 20, 2024
For entrepreneurs, the journey of building a successful business is often a reflection of their vision, hard work, and dedication. However, an equally important aspect of this journey is ensuring a seamless transition of this legacy. This process is known… Read Now >>
The Importance of Business Contingency Planning
March 13, 2024
In the ever-evolving world of business ownership, you must expect the unexpected. For entrepreneurs and real estate investors managing substantial assets, the ability to swiftly adapt to unforeseen events is not just a skill. It is a necessity. This is… Read Now >>
What is a Family Constitution?
March 6, 2024
When it comes to wealth management and legacy planning for affluent families, the concept of a family constitution is gaining traction. But what exactly is a family constitution? And, how does it play a pivotal role in managing your family’s… Read Now >>
