Articles

Successful Entrepreneur

The 7 Traits of an Exceptional & Successful Entrepreneur

By Robert Moment Though some people seem to have the Midas touch and easily turn everything to gold, most of us have to give our endeavors lots of time, effort and the sweat of our brow before seeing things come to fruition. The simple truth is that the majority of us are simply not born…

HOW TO ORGANIZE A SEMINAR OR AN EVENT

How to Organize a Seminar or an Event

By Matt Bacak Seminars and events have always been implemented as a holistic experience for participants. Thus, organizing a seminar an event requires extensive planning and preparation with most work implemented at least a few months before the actual event. Most of the time, seminars seem to run like clockwork with all events flowing smoothly…

Real Estate Agents

Real Estate Agents are Same as Brokers for “Real Estate Professional Rule” for Passive Losses

Real Estate Agents are Same as Brokers for “Real Estate Professional Rule” for Passive Losses Taxpayer victory in Tax Court Real estate agents can claim the real estate professional exception to the passive loss limitations. The I.R.S. tried to argue that the taxpayer needs to be a “Broker” not a just an “Agent” to meet…

Tax Burden

10 Tips to Reduce Your Tax Burden

10 Tips to Reduce Your Tax Burden Updated: 1/3/13 With the start of a new year, tax season will soon be upon us. For 2012 returns, the tax filing deadline is April 15, 2013. Now is a good time to look for tax reduction strategies in preparation for filing your tax return. Here are ten…

AMT

Avoiding the AMT Trap

Avoiding the AMT Trap Updated: 10/23/2014 More and more taxpayers are finding a hidden tax on their individual tax returns. The alternative minimum tax (AMT) attempts to ensure that high income individuals who benefit from the tax advantages of certain deductions and exemptions will pay at least a minimum amount of tax. This tax was…

Hidden Costs of Estate Settlement

Hidden Costs of Estate Settlement

Hidden Costs of Estate Settlement As you look for ways to improve the financial outlook for your family, give extra attention to your choice of an executor for your will. Generally, the fee for settling an estate relates to the responsibilities of the job, not to who does the job. That means that anyone you…

SELF EMPLOYED REFINANCING PROBLEMS – WHAT CAN BUSINESS OWNERS EXPECT?

Self Employed Refinancing Problems – What Can Business Owners Expect?

Self Employed Refinancing Problems – What Can Business Owners Expect? By Tristan Hunt Self Employed Borrowers at Greatest Risk of Foreclosure It’s a hot topic. Millions of self-employed borrowers who purchased or refinanced a home in the past 5 years under liberal “stated income” or “no documentation” mortgage programs are finding they cannot qualify to…

How to Raise Children That Become Entrepreneurs

How to Raise Children That Become Entrepreneurs

How to Raise Children That Become Entrepreneurs By Lauren Hidden Ever since my kids can remember, I’ve worked from home. Sometimes I have to remind them that I’m not sitting home playing with their toys or eating bon-bons when they’re at the babysitter or at school, but for the most part they “get it”. As…