Time Is Your Most Precious Asset
Published on September 07, 2023
Time Is Your Most Precious Asset Renowned entrepreneur and investor Kevin O’Leary asserts that “time, not money, is your most precious asset.” These words resonate deeply with those who understand the true value of time. Time represents the moments spent with loved ones, pursuing passions, and creating memories. Paradoxically, money often demands a substantial investment […]
Amending Your Previous Year’s Return
Published on September 05, 2023
Amending Your Previous Year’s Return To Recover Overpayments Reviewing a previous year’s tax return for potential amendments and refunds can be particularly important for business owners. Here’s a step-by-step process for business owners to follow, along with an estimate of how long the process might take and a potential range for the refund: Step 1: […]
Too Good To Be Legal? The Qualified Opportunity Zone Investment.
Published on September 01, 2023
Too Good To Be Legal? The Qualified Opportunity Zone Investment. One tax mitigation strategy that can be highly effective when used appropriately is the “Qualified Opportunity Zone (QOZ) Investment.” While this strategy is legal and encouraged by the government to promote economic development in distressed communities, it may seem too good to be true to […]
Family Management Company Benefits
Published on August 29, 2023
How a Family Management Company Benefits Business Owners The world of tax regulations can be a labyrinth for business owners, but there’s a strategic solution that not only offers tax advantages but also enhances business operations and succession planning. This solution involves the creation of a Family Management Company (FMC). In this article, we […]
Hire Your Child As A Model
Published on August 23, 2023
Hire Your Child As A Model Hey there, savvy parents! We know your little bundle of joy is a natural in front of the camera, and you might be wondering, “Can my child legally become a model?” Especially if you are a business owner who might use their image to promote your service or […]