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Personal Goodwill: A Brief Overview
Personal goodwill is derived from the characteristics of a person, usually the owner or key employees of a company. This is an...
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Whole Life Insurance as an Investment Vehicle
Many of you have probably seen advertisements on using life insurance as an additional investment opportunity, that promise amazing rates...
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Federal Reserve Announces .75% Rate Hike
On June 15, 2022, the Federal Reserve hiked interest rates by three-quarters of a percentage in their most aggressive move since 1994 in...
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Asset Purchase vs Stock Purchase
Under an asset purchase, the buyer purchases all or a portion of a business’s assets and liabilities from the seller. These assets...
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Monetized Installment Sales
The IRS has released a list dubbed “Dirty Dozen” which includes potentially abusive arrangements that taxpayers should avoid. One such...
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The 1045 Exchange
The 1045 Exchange is the process of exchanging one Qualified Small Business Stock (QSBS) for another QSBS that allows you to defer...
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Qualified Business Income Deduction – Section 199A
The Tax Cuts and Jobs Act (TCJA) signed into law in 2017 provided a major tax reform for the Section 199A deductions. Section 199A is a...