Month: January 2016
Today’s Channel 8 Broadcast on Lotteries and LLCs
Here is a recording of the live broadcast on 1/13/2016 on Good Morning Washington! on News Channel 8 discussing the use of LLCs to hold lottery winnings (in case you missed it)!...
Using an LLC or Trust to Receive Lottery Winnings
Today, the hottest financial topic (aside from the collapse of Chinese markets) is who will win the PowerBall drawing (latest estimates are at $1.4 billion) and what will they do with the winnings! A couple of points are worth noting before you turn in your winning...
Tax Extenders Package Includes Permanent S corporation Relief
As you may know by now, on December 18, 2015, President Obama signed into law “The Protecting Americans From Tax Hikes Act”, which made permanent many expiring or expired provisions of tax law and further extended other provisions. Hidden among the provisions as...