by Sharon Winsmith | Oct 3, 2021 | Business Owners, Tax Structuring, Wealth Building
The “Buy, Borrow, Die” Strategy was made famous by a ProPublica report that provided insight into the tax situation for many of America’s ultra wealthy. Earlier this year, ProPublica published an article discussing the strategy many billionaires use to avoid paying...
by Sharon Winsmith | Jun 8, 2021 | Business Owners
On May 28, 2021, President Biden released new details about the administration’s tax proposals. We have provided below a brief overview of 7 key takeaways from the proposals that could have an impact on entrepreneurs and investors. We encourage you to continue to...
by Sharon Winsmith | Oct 28, 2020 | Business Owners
Business owners are entitled to a deduction if they use their home office for business purposes. Any types of homes may be eligible for the deduction, including single-family houses, apartments, and condos. The deduction does not require you to own the home and is...
by Sharon Winsmith | Oct 9, 2020 | Business Owners, Passive Investments , Tax Structuring
If you own any assets or have any savings, it is important that you make sure you are protected against future claims or lawsuits regardless of whether you own your own business. There are a number of situations in everyday life that could give rise to potential...
by Sharon Winsmith | Sep 10, 2020 | Business Owners, International Tax, Real Estate, Tax Structuring
One of the most important decisions a business owner will make is how to structure their business operations. Many business owners fail to recognize that the single largest expense for their business is taxes. It is critical that you work with a tax advisor to develop...
