The Federal government will require a new report for small businesses, called the Beneficial Ownership Information Report under the Corporate Transparency Act, effective January 1, 2024.
California expands the passthrough entity tax
The passthrough entity tax is a workaround for the $10,000 individual income tax limit on the deduction for state taxes adopted in the Tax Cuts and Jobs Act of 2017. On February 9, 2022, Governor Newsom signed SB 113, which fixes some of the issues with California's passthrough entity tax.
What are the choices of forms for a business?
This week’s interview on Financial Insider Weekly is with attorney Bernard Vogel III of the Silicon Valley Law Group. Our interview subject is "Choices of forms for doing business."
What developments have happened for Family Limited Partnerships and LLCs?
This week's interview on Financial Insider Weekly is with attorney Francis Burton Doyle of WealthPLAN. Our interview subject is ""Developments for Family Limited Partnerships and LLCs."
How does a “checkbook LLC” make investing IRA and Roth funds easier?
This week’s interview on Financial Insider Weekly is with attorney Jeffrey Hare. Our interview subject is "Using a checkbook LLC to invest IRA and Roth funds".
What different legal entities can be used for your business?
This week’s interview on Financial Insider Weekly is with attorney Bernard Vogel III of the Silicon Valley Law Group. Our interview subject is "Alternative forms for businesses."
How can you use a family limited partnership to preserve your family’s assets?
This week’s interview on Financial Insider Weekly is with attorney Frank Doyle of WealthPLAN. Our interview subject is "Preserving family assets using a family limited partnership or LLC".
How to use a checkbook LLC to invest IRA and Roth funds
This week’s interview on Financial Insider Weekly is with attorney Jeffrey B. Hare. Our interview subject is, "Using a checkbook LLC to invest IRA and Roth funds".
What are choices of forms for a business?
This week’s interview on Financial Insider Weekly is with attorney Karl-Heinz Lachnit of the Silicon Valley Law Group. Our interview subject is, "Choices of forms for operating a business".
What are income and estate tax benefits of family limited partnerships?
This week’s interview on Financial Insider Weekly is with attorney Frank Doyle. Our interview subject is, "What are income and estate tax benefits of family limited partnerships?"