Early Start Tax Planning Checklist
Friday, January 06
EARLY START TAX PLANNING CHECKLIST1. If you own a business, do you have an EIN number, operating agreement, and a separate bank account?2. Have you recorded all the income and expenses related to the business on the business bank account? This is a huge audit item for 2012.3. If you own investmen...
What We Can Learn from Kim Kardashian about Year end Tax Planning
Thursday, December 22
It’s not often that talk about taxes hits celebrity blogs and gossip sites, but the recent hasty divorce application of TV reality star, Kim Kardashian, has made the headlines partly because of how Uncle Sam will affect her fortune. Kim Kardashian Kim Kardashian filed for divorce after only 7...
Is your Accountant Ripping You Off?
Friday, December 16
Before you can get some tax saving and wealth building work done, you may need help from a qualified CPA. Unfortunately there are more 'bad' CPA's out there than good ones. Here's some tips on how to spot the difference and find a gem who can become part of your 'tax-busting' team. HOW TO SPOT A ...
Top Ten Year End Tax Planning Checklist
Friday, November 18
TOP TEN YEAR END TAX PLANNING CHECKLIST1. If you own a business, do you have an EIN number, operating agreement, and a separate bank account?2. Have you recorded all the income and expenses related to the business on the business bank account? This is a huge audit item for 2011.3. If you own inv...
Understanding Land Trusts
Thursday, November 03
Real Estate Land TrustsIn a true Land trust, the Trustee's role is not to operate the trust, but simply to hold legal and equitable title to the real estate properties held within the trust. The Trustee serves as a figurehead - holding title and signing documents, contracts, deeds, etc., as dire...
Do you know which state to incorporate your business?
Thursday, November 03
Where to incorporateThis can be a confusing one for many investors. Where to incorporate is an important decision because the state of incorporation will be the company’s legal home. In most states you are not required keep an within the state; a company can operate business in another state. Th...