A family limited partnership is a device that allows gifts to be made at discounted values for gift tax purposes. A partnership is a consensual association of two or more persons or entities to carry on a business for profit. Each partner is fully liable for the debts of the partnership. In a limited partnership, …
What are the advantages of a family limited partnership? Read More »
A variety of steps can be taken to protect assets from creditors. One simple step is to transfer your assets to your spouse. Of course, this assumes you have a healthy marriage and that your spouse’s creditors are not a problem. It may also interfere with planning to avoid estate taxes. Other devices which are …
As a small business owner, you need to consider the cost of registering your trademark. There are federal trademark costs and state trademark costs. Generally, state trademark costs less than filing for federal trademark protection. When you start a business you might decide to trademark the name of the business or the logo. The name …
How Much Does It Cost To Trademark? [Explained!] Read More »
Even if you have no money coming in to pay your expenses, a lawyer’s reassurances about the integrity of your case won’t alleviate your concern. As soon as you have the legal right to initiate a claim for compensation after a personal injury or wrongful dismissal, you are under financial strain. As a result, many …
What’s the difference between a CPA and a Tax attorney? Even though both CPAs (Certified Public Accountants) and tax attorneys are tax experts, their expertise is different. For example, while a tax attorney deals with the legal implications of tax matters, a CPA can help you with the financial implications of your taxes. CPA vs. …
What’s Better CPA Or TAX ATTORNEY – Hire One or Both Read More »
