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Most business owners work long and hard to build their business and want to do all they can to help protect their heirs from a heavy estate tax burden.

Uncertainty and ambivalence shouldn’t prevent us from thinking about the future and preparing for it.

While small interest-free loans may be common in your family, you should be aware that all larger transfers of money between adult family members can have tax consequences.

If you’re an “owner-only” business, you may think your retirement planning options are rather limited. On the contrary, you can enjoy some of the same retirement plans available to larger businesses.

When it comes to property, many couples are unaware of the alternative methods of titling, as well as some of the trade-offs involved in selecting a particular form of holding property.

A conservation easement can be helpful as a means of reducing income taxes and lowering the value of estates for tax planning purposes.

Before you can turn a profit, you first have to break even. Be conscious of the areas in which losses are occurring and have a plan for steering your company into the black.

Whether your estate plan is simple or complicated, many details can undermine the effectiveness of your plan. But, there are also ways to ensure the effectiveness of your plan.

It is obviously important to any financial plan that tax returns be filed on time. However, the IRS will accept certain reasons for failure to file returns on time.

The LLC is quickly becoming the entity-type of choice among many small and medium-sized businesses. However, some business owners are still more comfortable with the more traditional S corporation, which provides many of the same benefits as an LLC.