Month of March, 2007

The right business structure saves you taxes and protects your assets. The wrong one costs you eve MORE taxes and puts your assets at risk. One of the saddest things I’ve ever seen in my 25+ years in accounting is seeing someone lose everything they own because of a business structure mistake.

Some old tax strategies just plain don’t work anymore. This is especially true when it comes to charities and charitable organizations. Law changes at the end of 2006 really impacted some ways of giving.

The two trickiest times for a new corporation are (1) at the beginning and (2) at the ending. Do you know how to transfer your business assets into a corporation inthe best possible way?