This article is written by Ben Rucker, a former special IRS auditor. He worked with me in writing Advanced Tax Tactics 2.0. Lately I’ve been getting a lot of questions about tax penalties. Many taxpayers are surprised to find that they are charged multiple penalties and interest
I recently received the following question from Jack, one of my students, about putting cars in trusts: I have discussed this issue with several “local experts” and every one of them states that this is a terrible idea because if you get into an accident and get
If you want to avoid having your company go through probate, you have to put the ownership certificates in the name of your living revocable trust. An extremely high percentage of companies fail when the owner dies. One of the major factors for the failures is the
by Mike Stevens (This article was published in edited form on Fortune.com at http://fortune.com/contentfrom/2015/09/09/maximize-social-security-planning/ntv_a/T9YBAlp4DAfxgFA. Mike Stevens is one of our colleagues and helps present at my Money Making and Asset Protection Boot Camps.) For many, Social Security has represented nothing more than an inescapable payroll deduction with the enigmatic initials
