It’s not your imagination, it really is trickier! If you’re a business owner starting to contemplate retiring someday, you may be feeling like this is really hard to figure out. It’s not your imagination! As a business owner, retirement planning is different for you than it is for other non-business owners. Not only do you […]
Proposed regulations are bad news for family businesses
Section 2704 regulations would unfairly penalize family businesses Recently, the Treasury Department released new proposed regulations (section 2704) which could put family businesses in a situation where they may be subject to higher taxes than businesses owned by people not in the same family. Under the proposed regulations, otherwise identical businesses, one controlled by family […]
Your investment advisor might be getting difficult. Here’s why.
New government regulations may mean your advisor has to say “No”. Back in July, the Department of Labor passed new regulations that will require investment advisors to only make recommendations that are in their client’s best interests on investments held in 401k and IRA accounts. The new regulations will start to be enforced in April […]