Articles
Is Philanthropy Good for Capitalism?
Is Philanthropy good for capitalism? In 2013 Zoltan J. Acs wrote the book Why Philanthropy matters. It explores the benefits of Philanthropy on the US economy; “…philanthropy as an underappreciated force in capitalism, measures its critical influence on the free-market system, and demonstrates how American philanthropy could serve as a model for the productive reinvestment…
Read MoreThe Flip Transaction: Bringing Your Foreign Startup into the US Investment Market
By Roger Royse, Partner, Haynes Boone, LLP in Palo Alto, CA. The flip transaction, bringing your foreign startup into the US investment market. Non-US startups often arrive at the point where they wish to seek funding from a US venture capital firm or establish a presence in the US. Sophisticated investors tend to prefer to…
Read MoreThe Tax Side of Dealing in Collector Cars
The tax side of dealing in collector cars can be quite interesting. Are you a collector? People collect all kinds of different things, including stamps, art, sports cards, jewelry, coins and cars to name just a few. Speaking of collectors, collectibles can be a great hobby but they can also draw the attention of the…
Read MoreLife Built Upon Pillars – The Venice Life-Structure
Is your life built upon pillars? Will your future wealth be dependent on today’s income? As always, it depends! It depends on so many factors that even tomorrow can be a game changer in either a wealthier direction or into a more uncomfortable financial situation. Therefore, it is important to have a strong structure from…
Read MoreWhy I Will be Better in 2021
Why I will be better in 2021 and 2022. Every year, millions of New Year’s resolutions are made on January 1st, and like mine, many of them never make it past January 31st. But this year I want to be better: better at setting goals and better at reaching them. In 2020 I learned a…
Read MoreClarification of Tax Treatment of Covered Loan Forgiveness
Clarification of Tax Treatment of Covered Loan Forgiveness CARES Act Sec. 1102 provides that a recipient of a PPP loan may use the loan proceeds to pay payroll costs, certain employee benefits relating to healthcare, interest on mortgage obligations, rent, utilities, and interest on any other existing debt obligations. If a PPP loan recipient uses…
Read MoreThe Four Commitments of a Winning Team
The four commitments of a winning team as told by Mark Eaton. Mark made it from a 19 year old auto mechanic to a 7′4″ NBA All-Star, who still holds 2 NBA records and played with the Utah Jazz for 12 seasons, he discovered the simple commitments that teams need to perfectly synchronize and become…
Read MoreThanksgiving Week & Gratitude
Thanksgiving week and gratitude Thanksgiving is one of my favorite times of the year because it helps me to remember the many things I have to be grateful for: my family, relatively good health, friends, job, religious freedoms (I should probably use more often), and too many other blessings to list. Not to mention the Thanksgiving…
Read MoreTax Planning December 2020: Biden vs Trump
Tax Planning December 2020: Biden vs Trump Transcript: There is a lot going on in terms of to sorting out the Presidential election right now. Regardless of who becomes President, January 1st is approaching fast and there are still opportunities to take action to do some tax planning before year end. When we’re looking between…
Read MoreThe New Normal for a Successful Mindset
What is the new normal for a successful mindset? The pandemic has forced us to think differently and to quickly adapt to changes we would have previously considered very unlikely. It is not good luck, rather a strong and responsible leadership ethic of any company fully prepared to change to a Work-from-home scenario when the…
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