One of the tax tips being sold to folks with IRAs, sometimes for exorbitant amounts of money, is going to cause them to lose their entire IRA. Basically, the hot shot financial planners/tax consultants restructure a person’s business or professional practice into an S corporation or LLC
Creating an LLC and wondering which state to use? I usually recommend that you create an LLC in the state where you are doing business. Yes I know that you have probably heard all the sales pitches that Nevada and Delaware make. You may even believe the
Asset protection is ripe with sneaky ways to take care of assets. Hot shot attorneys will set out elaborate layered asset protection plans. One trust will own the corporation or LLC and then that company will own a second trust. Other folks will try and remain totally
Tax Identity Theft Tax identity theft has taken a big jump in recent years. Identity theft has been with us for many years, but tax identity theft is beginning to ramp up. Let’s face it, everyone has been required to file for social security numbers or SSNs
