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. Basics of Structured SettlementsA structured settlement is an agreement made to settle a monetary claim or lawsuit. It provides…

Most business owners and attorneys know the basics of the business valuation process. For example, you might know that there are three approaches to value: the cost, market and income approaches. You might even know some of the methods that fall under these approaches, including the: Adjusted book value, Excess earnings, Guideline public company, Guideline transaction…

Are you contemplating some significant improvements to your home? Whether it’s adding a pool to assist with a medical condition, finishing a basement or installing energy-saving equipment, you may be in line for generous tax breaks under current law. Here are four potential building blocks. 1. Mortgage Interest Deductions If you have a mortgage on your…