Real estate can be an attractive long-term investment. But the legal entity you select to own property can have important tax implications. Here’s why single-member limited liability companies (SMLLCs) are generally a better alternative than corporations from a federal income tax perspective. Disregarded SMLLCs Are Disregarded for Only Federal Income Tax PurposesDisregarded single-member limited liability companies (SMLLCs) are…

When you first dipped your toes into estate planning, you were probably told to start with a legally valid will, above everything else. Check. Next, you may have been advised to create an estate plan that incorporates your will and other legal documents. Check. Now you think you can rest easy. Not so fast. That estate…

When business valuation professionals select from the menu of appraisal techniques, the income approach is a popular choice. This technique derives value by converting anticipated economic benefits into their net present value. Long-term sustainable growth is a key ingredient. Capitalization of Earnings Method Here’s the recipe for valuing a business under the income approach, when the subject company’s…