Advanced planning and a good estate plan can make a difference for any person or business. A good example was in the news last week when the Carnival ship Triumph broke loose from its moorings and was damaged. This was the same ship that was towed across
How much money do I need to retire is one of the most common questions I get. It’s a question there isn’t an answer for, because there are so many variables. But, I can show you were to get more money to put into your retirement. Maybe
Trust tax rates are outrageous. (See table of Trust Tax Rates below.) There are two types of trusts: a simple trust and a complex trust. The type of trust you get will determine whether or not you are subject to trust tax rates. Simple trusts include the
LLC Tax Election-What is it? The LLC tax election tells the IRS how to tax your Limited Liability Company (LLC.) After the LLC was developed in the 1970’s, Congress did not define how it should be taxed. As a result, the Federal Government does not recognize the
