Creating an estate plan is one of the most important steps you can take, even if you are young. As you go through life, you can update your estate plan as life events occur. If you have a special needs person in your life, whether a child, a sibling you are caring for, or even […]
The saying “The only things certain in life are death and taxes” holds true, but individuals can exercise control over their financial destinies by adopting smart financial decisions for optimal tax outcomes. Year-round tax planning offers a proactive approach, allowing individuals to make informed choices that can lead to significant savings during tax season. Seeking […]
Many people think of tons of assets when they hear the word “Estate.” Not every estate is huge. Every person has an estate that consists of any assets you own. Even if you have a bank account and one car, you have an estate. If you become incapacitated or die, regardless of age, your estate […]
The Limited liability company is one of the more favored business organizations because it’s easy to set up, gives business owners some of the same protections as C corporations, and has tax benefits. You not only have less paperwork at the inception of the business, but you also have less paperwork and requirements to meet […]
One of the first things you do when starting a new business is choosing a business structure. Each entity type has different methods of taxation. When choosing, you should take into account how many employees you have, how much growth you expect in the first few years of business, and whether you need corporate protection. […]
