Your Business Survival Depends On It

There are many factors to look at these days when making solid business decisions. The baby boomer business owners are reaching retirement age and who will be their successors? The Pew Research Center indicates that the oldest of America’s baby boomer generation started turning 65 on January 1, 2011, at a rate of 10,000 people a […]

Deferred Sales Trust

A Deferred Sales Trust is a powerful tax-deferral tool if you are considering the sale of a business, corporation, or real estate. Sales of highly appreciated assets of this type will most likely incur capital gains taxes associated with a sale, but a Deferred Sales Trust gives investors the option to defer capital gains when […]

Tax Form 8971 – If Missed Could Cost You BIG!

Beneficiaries Acquiring Property From Descendants   As our society continues to age we are new seeing estates beginning to distribute their assets. On Tax Form 8971, you will find the list of these distributions and this form could be delivered at any point during the year. Please don’t forget to forward this to your Tax Preparer!!! […]