Don’t let the changing estate tax environment prevent you from getting your estate in order. Whatever happens with the future of estate tax, you’ll still want to ensure your assets are distributed according to your wishes. While most people will need the help of professionals to develop a formal estate plan, you can aid the…
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One Option to Finance a Business Sale
Structured settlements are commonly associated with the payment of personal injury damages because of their advantageous tax-free treatment, but some business purchases and buyouts can also benefit from structured settlements using annuity payments from an insurance company. A structured settlement is an agreement made to settle a monetary claim or lawsuit. It provides for a…
10 Important Tax-Related Developments for 2016
Several significant tax developments happened last year that may affect federal income tax returns that individual and business taxpayers file in 2017. Here’s a quick look at 10 key changes that you should be aware of during this tax season. Uncertain Fate of Tax Extenders In 2016, Congress adjourned without addressing numerous temporary tax provisions…