Category: Business

You may have been put in charge of a commercial construction project recently, and while you appreciate your boss’s stamp of approval for the work you are capable of, you may not be aware of all the components that go into the project. Here are some helpful tips to keep in mind as the project…

A shelf corporation is a paper or ghost corporation that is administratively formed and then “put on a shelf” for several years until it ages. The term “shelf” or “aged” only refers to the fact that the business has already been shelved and is sitting “on a shelf” waiting to be bought. A corporation is…

Many memoirs are written for personal satisfaction and often appear as books of less than 100 pages distributed to a small number of family and friends. Often, no more than 25 books are printed. There is no intention of the book becoming an international bestseller. You can be paid to write this type of memoir….

College can be a time of learning, a time of adventure, and a time of stress. Many of those stresses come from bills. From student loans to textbooks, college life is expensive. Many students sign up for student credit cards during college. Student credit cards are issued to any member of the academic community, regardless…

The following are some of the most common types of foreign currency hedging vehicles that are used in today’s markets as foreign currency hedging. Whereas retail forex traders often use foreign currency options as a hedging vehicle. Banks and traders are more likely to use more complex options, swaps, swaptions, and other derivatives to meet…

In the case of married couples, often one of the spouses is self-employed and does not pay their taxes and the other spouse has no idea about the back taxes. What the IRS doesn’t tell you is that only the self-employed spouse can be liable for taxes. This is the basic situation that I have…

The correct use of entities in a real estate investment business is one of the most common mistakes I see investors make. A Sole-Shareholder Limited Liability Company or SMLLC, being the most common. In the states that we work in, we are fortunate to have the opportunity to use SMLLC because not all states allow…

The general partners manage the assets contributed to the family limited partnership. Limited partners generally have no rights to the assets held by the FLP. Lack of marketability and fractional ownership of limited partnership interests held by limited partners are two of the well-established abatement principles that decrease the value of taxable assets. The discounts…

Every October, right after Intuit releases new versions of QuickBooks, we get questions from users about whether QuickBooks QuickBooks Pro or QuickBooks Premier is the best option. Our first question is always which edition of Premier you are considering. We asked because some of the additional features are specific to certain editions. For example, the…

Attorney Anthony Mancuso’s “The Corporate Records Handbook: Meetings, Minutes & Resolutions” is a 600-page resource book that contains exactly what the cover says. It is a very good book of forms that will allow the reader to use the book to document everything you need to keep records to keep your business incorporated. This is…