February 13, 2017
LLC Taxed as S Corporation

LLC Taxed as an S Corporation

An LLC taxed as an S corporation is a powerful tool for managing control, expenses, cash flow, taxes, operations, personnel, and business succession. Although by default an LLC is taxed as a partnesrhip, under “check-the-box” rules, an LLC can elect to be taxed as a corporation (C or S) using […]
November 17, 2016

Expatriation Exit Tax

Expatriation – Giving Up Your U.S. Citizenship Is a Taxing Experience Multi-national planning can include deciding choosing where you will be a citizen.  Sometimes the tax grass appears greener on the other side of the proverbial fence.  Jump the fence and giving up your U.S. citizenship, can trigger an Expatriation Tax. […]
May 19, 2016
Prince Idiot Savant

Prince The Idiot Savant

The Prince is Dead.  Long live . . . ? Prince is dead.  He died on April 21, 2016, at age 57.  He had no children and no Will. Musically, Prince was a genius.  Whether or not you enjoy his art, he was brilliant.  A steady stream of creative energy and amazing […]
January 18, 2016
New Rules for Qualified Charitable Distributions

Qualified Charitable Distributions Win Win

Qualified Charitable Distributions from IRA accounts are a win-win. Go ahead. Make that charitable gift in a way that maximizes the amount going to charity and minimizes the amount going to taxes for the politicians to play with. Who do you trust more to do good things with your money, your favorite charity or the politicians?