There is a concept in estate and tax planning called Discount for Lack of Marketability. Basically, it says that assets in a company are not as valuable as assets owned directly by a person. This can save a family a ton of money in estate taxes if
The self-employed tax rate tells us plenty about small business deductions. The self-employed tax rate is currently a matter of much political discussion. Is it too high? Is it too low? It is a battle that needs to be resolved. According to the U.S. Dept. of Commerce
The United States Congress and Senate, in the past, have been very concerned about the health of small businesses in the U.S. They seemed to recognize that it is small business that builds our economy. Perhaps our Congressmen and Senators are not now aware that their regulations may be paralyzing small businesses. According to Nicole […]
