The Hidden Danger Of Employee Theft
If you’re a business owner, you may feel that you’ve built up a sixth sense when it comes to choosing the right business partners and customers. Fraud is all around us these days, after all, and it’s important to know who to trust. But it’s not just strangers who find us vulnerable. Your employees could […]
Prepaid Forward Contracts: Litigation Financing With Significant Tax Advantages
U.S. for about a decade. As MarketWatch reports, third-party investors are pouring up to $100 billion into funding lawsuits as a way to seek returns that can far surpass equity and fixed-income investments. Plus, as Forbes Tax Contributor Robert W. Wood points out, “Litigation funders help to level the playing field, just as contingent fee […]
Taxes, Gig Workers, And Your Seasonal Help
Did you hear the big employment law news out of California? The state’s businesses are facing strict new limits on using independent contractors. It’s a valuable reminder that not all workers are equal in the eyes of the government, especially those considered independent contractors versus employees. Under a new ruling, slated to take effect January […]
Five IRS audit mistakes to avoid
The IRS audits about one million taxpayers each year. While the agency is understaffed, that doesn’t mean you’ll slip through the cracks. IRS software automates the selection process now by flagging returns that show abnormalities: Perhaps the return deviates from what’s normally filed, or it’s been linked to a family member, investor, or business partner […]
Behold This CEO’s “Sick” Tax Crimes
A CEO of two Denver-area technology companies was found guilty on a host of charges, including impeding the administration of tax laws, conspiracy to defraud the U.S. government, and conspiracy to steal employee benefit plan funds. He’s been sentenced to over six years in federal prison. More tragically, however, his deception led to his employees […]
Exit Planning Exchange 2nd Annual Summit
Planning to transfer your business to family, employees, or put it up for sale? At the XPX San Antonio Annual Summit for Business Owners & Advisors, Steven Bankler, top professionals and business owners joined together to share their exit planning experiences.
You Can’t Beat The IRS With A Dead Horse
Some people seem to think the IRS will overlook just about anything. But a dead horse? That’s hard to miss. When a California-based horse enthusiast and IT business owner’s last horse died in 2008, being horseless didn’t stop her from continuing to claim business deductions for her horse-related endeavors. The IRS noticed and took a […]
NAWIC October 2019 Meeting
A giant thanks to The National Association of Women in Construction (NAWIC) for inviting us to share strategies for SUCCESSion planning.
How Employee Theft Could Destroy Your Business
If you’re a business owner, you may feel that you’ve built up a sixth sense when it comes to choosing the right business partners and customers. Fraud is all around us these days, after all, and it’s important to know who to trust. But it’s not just strangers who find us vulnerable. Your employees could […]