The AMT, also known as the alternative minimum tax, is one of the most hated taxes in the United States and for good reason. For those individuals above a certain threshold of taxable income, or corporations, trusts, and estates, the AMT creates a higher tax burden beyond that imposed on those that fall under the […]
Archives for June 2015
Protecting My Business from Data Breach
There are many challenges small companies face in today’s highly competitive world of business. As such, many businesses have taken actions to streamline operations, and have made the move to paperless offices and cloud computing in order to get an edge over competitors. Unfortunately, this has left them vulnerable to a risk of a different […]
Credit Monitoring – Does It Protect Me?
You may have heard about credit monitoring, but may not be exactly sure what it entails or if it can protect you in there is a data breach or hack that allows your information to fall into the wrong hands. How Can Credit Monitoring Help You? Identity theft is one of the great big fears […]
Protecting Your Assets
A comprehensive estate plan should accomplish far more than just deciding who will receive your estate property after your death. Because of the unique nature of estate planning, the additional goals you include in your plan will depend on your needs and concerns. Asset protection, however, is a popular component included in many estate plans. […]
Most Common Estate Mistakes to Avoid
Once you have finally made the important decision to create an estate plan you certainly don’t want to make costly mistakes during the creation of the plan. Before you get started on your plan, consider the following five biggest estate mistakes to avoid: Failing to plan for incapacity. Estate planning should not only contemplate your […]
Why Taxes for Professional Athletes and Entertainers Are Complicated
The only two things in life that are certain, as they saying goes, are death and taxes. The problem is, taxes have become quite complex, especially for pro athletes and entertainment professionals who travel to certain cities, states, and even foreign countries for the purpose of business. In the case of professional athletes, the business is […]