Q: I have yet to contribute to my IRA. When is the last day I can contribute funds to my IRA for the 2011 year? A: Generally, funds contributed to an IRA must be contributed before the individual tax filing…
Selling a business is something that most business owners will only attempt once in their career. With an estimated 70% – 90% of their total net worth tied up in their business, they can’t afford to make a costly mistake,…
Introduction Is there anything good on the menu today for cafeteria plans? Yes, actually there is something new on the menu and everyone is going to enjoy it. A little known provision in the Patient Protection and Affordable Care Act…
In a Revenue Ruling, the IRS has found that an S Corporation’s accumulated adjustments account (AAA) is not increased by insurance proceeds received by the corporation for the death of an employee if such proceeds are not taxable. Conversely, the…
Q: What is a Series Limited Liability Company (Series LLC)? A: A Series LLC is a company created and formed under state statute that is similar to a regular LLC. The difference is that assets are placed into series for…
Selling a business is something that most business owners will only attempt once in their career. With an estimated 70% – 90% of their total net worth tied up in their business, they can’t afford to make a costly mistake,…
Introduction As part four in our series on business succession, it is important for the business owner to have a good understanding of the estate and gift tax, commonly known as the “Death Tax”, but officially called the Unified Transfer…
The Tax Court has ruled that transfers of stock into an FLP were indirect gifts to children. In the present case, a couple created two Family Limited Partnership interests. The ownership interest of the FLP was split between the husband,…
Q: In 2013, what happens to the Estate and Gift Tax? A: In the event Congress does not act on the Estate and Gift tax exemption, the levels will revert back to $1,000,000 each. While it is likely Congress will…
Legacy Advisors is pleased to announce the latest expansion our professional service offerings. Mike Ertel, Managing Director/ Broker of Legacy M&A Advisors, LLC, is now affiliated as a registered rep with StillPoint Capital, LLC, an international investment banking firm serving…
Securities are offered through Finalis Securities LLC Member FINRA/SIPC. Transworld M&A Advisors and Finalis Securities LLC are separate, unaffiliated entities. This website is operated by Transworld M&A Advisors, a privately held Florida limited liability company. Transworld M&A Advisors provides financial and strategic advisory, consulting services, mergers and acquisitions services. Transworld M&A Advisors is not a registered broker-dealer, and Finalis Securities LLC and Transworld M&A Advisors are separate, unaffiliated entities. Finalis Privacy Policy | Finalis Business Continuity Plan | FINRA BrokerCheck
