News & Articles
When you make a substantial non-cash gift, a professional appraisal can reduce the chances that the IRS will challenge your gift tax return, thus decreasing the possibility of unplanned tax liability.
Three-Year Statute of Limitations
Is this your situation: Your cash flow is not sufficient to pay your bills. Even if you are profitable, you don't have enough cash. Pretty soon, you won't be able to borrow any more money or you'll have to put more personal capital into the company. If so, continue reading.
Do you want to take some cash from your traditional IRA and perhaps buy a house, or a car, or pay off some bills? Beware of potentially negative tax implications! Continue reading to find out what you need to know to avoid getting hammered in taxes.
Surveys repeatedly show that many Americans are not saving enough for retirement. Not only are they risking a financially-insecure future, they are overpaying on their taxes. Don't let this happen to you.
Some of the most tax leveraged and asset protected planning opportunities that exist in the marketplace are through the use of qualified retirement plans. In the late 1990’s, with a short stroke of a pen, Congress modified provisions of the Internal Revenue Code that charted a new course for many closely held businesses. This article will discuss one design feature of those planning opportunities.