When it comes to philanthropy, the adage “not only giving but giving wisely” is a great approach to consider. This is especially true for successful entrepreneurs looking to make a meaningful impact with their wealth. Donor-Advised Funds (DAFs) have emerged… Read Now >>
Exchange funds (also known as “swap funds”) offer a distinctive approach to investment akin to mutual funds. However, participants offer stocks instead of contributing cash. These funds amalgamate the sizable stock holdings from various investors to substitute a single, concentrated… Read Now >>
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 >>
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 >>
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 >>
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 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 >>
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 >>
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 >>
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 >>