Articles
Rent Vs. Buy Your First Home
Rent vs. Buy Your First Home Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question. This calculator helps you weed through the fees, taxes, and monthly payments to help you make a good financial decision. Click the “View Report” button for a…
Read MoreHow to Use Three Bootstrap Financing Techniques to Get Your New Business Up and Running Now!
How to Use Three Bootstrap Financing Techniques to Get Your New Business Up and Running Now! It’s a well known fact that Uncle Sam reserves a portion of your paycheck every pay period. However, there is good news! Listed below are seven types of your income that are generally excluded from U.S. federal income taxation:…
Read MoreEstablished Small Businesses Need to Have a Succession Plan
Established Small Businesses Need to Have a Succession Plan There are millions of companies in the United States, both big and small, and every size in between. Many of these businesses – somewhere in the neighborhood of about four million – are owned by baby boomers. Baby boomers have been an integral part of our…
Read MorePlayer Salaries Could Be Huge Tax Break for New NBA Owner
Player Salaries Could Be Huge Tax Break for New NBA Owner The ultra-wealthy have a lot of options when it comes to spending their money. Lavish houses, huge properties, remote islands, expensive yachts and exotic cars are just a few of their choices. Of course, like most anyone, the extremely wealthy are always looking to…
Read More§1031 Exchanges Combined with Seller Carryback Notes
§1031 Exchanges Combined with Seller Carryback Notes By Steve Chacon Occasionally sellers are approached with the request they carry back an installment note to finance the purchase. Not a bad idea from a “big picture” perspective, as seller financing has been effective in environments where credit is a concern and interest rates are rising. But…
Read MoreVenture Capital Alternative for Technology Entrepreneurs
If you are an entrepreneur with a small technology based company looking to take it to the next level, this article suggests an alternative that may be of particular interest to you. Your natural inclination may be to seek venture capital or private equity to fund your growth. According to Jim Casparie, founder and CEO…
Read MoreStartup Fundraising – Do You Know Who You Are Talking To?
Startup Fundraising – Do You Know Who You Are Talking To? Venture capital, private equity, mezzanine debt, venture debt, angel money, investment bank? What’s the difference and who are the players? Many people start looking for funding and become involved with investment bankers or business brokers without really understanding what they are looking for or…
Read MoreRepublican Lawmaker Pushing Real Tax Reform
Republican Lawmaker Pushing Real Tax Reform By Kent Livingston Will our country ever see true tax reform? While politicians continue to battle over who should pay what and who is getting away with highway robbery, none of them seem to be able to come up with a better plan to actually fix our country’s broken…
Read MoreSix Facts About the American Opportunity Tax Credit
Six Facts About the American Opportunity Tax Credit Many parents and college students will be able to offset the cost of college over the next two years under the new American Opportunity Tax Credit. This tax credit is part of the American Recovery and Reinvestment Act of 2009. Here are six important facts the IRS…
Read MoreTax Strategies for the Wealthy: Qualified Personal Residence Trust (QPRT)
Tax Strategies for the Wealthy: Qualified Personal Residence Trust (QPRT) Wealth management is an important issue for those with substantial assets to protect. Many people incorrectly assume that their estates will escape federal estate tax as a result of underestimating what their principal residence will be worth when they die. Often, our homes are our…
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