Archive for the ‘Business’ Category

If you were planning the sale of your business, an outright sale maybe more tax effecient than holding a note recievable.  Typically an installment sale,  holding a note has many attractions than an outright sale.  It provides the financing to reach a larger audiance and the tax benefit of not necessary getting hit with the entire [...]

Planning the sale of a business over the next couple of years will take more than a simple retirement planning software.  Because of the extensive changes in the tax law, any serious financial planning strategy involving the sale of a business should be prepared using a tax planning softwar like ExecPlan Express personal financial planning software [...]

Assessing the cost of anything should also include any tax benefit.  For example when evaluating the cost of owning a home verses renting, you would take into account the deductiblity of interest and real estate and the lower taxes you would pay as opposed to renting.  The same applies to a disability insurance analysis.  Disablity [...]

Before investing in a partnership, it is important to understand your position.  Partnerships have both limited and general partnership participation.  Most reale state, oil and gas,and mining ventures will be structured as partership.  When you invest as a limited partner, you minimize your personal risk in any liability from the venture.  However this participation is [...]

It may be too late for most people to find some last minute expenses to deduct for 2011, but for some individuals such as self employed, or those who have a large anoubt of unreinbursted business expenses, its not too late.  Expensing office equipment, office supplies and even postage can be deductible if you pay for [...]

Simple IRAs used to be the popular solution for funding a company plan for a small business.  An employer would simple match up to 3% of an employees contribution or contribute 2% regardless of particpation by the employee and the employer would not have to worry about safe harbor rules or top heavy issues that [...]

When using a personal financial planning software review of the sale of a small business, it is essential to use a financial planning software like ExecPlan Express that incorporates an actual federal and state income tax analysis.  One of the primary reasons is that the sale itslef could expose the business owner to a large income [...]

There are many aspects to the sale of a personal business, but one that is overlooked is the cost of the sale.  Often sales are structured with a note or term of sale.  The income earned from a note receivable is considered investment interest and is taxed at ordinary income tax rates.  It also can [...]

Selling a business usually means holding a not receivable.  The income earned from a note receivable is considered investment interest and is taxed at ordinary income tax rates.  It also can be offset or reduced by investment interest paid.  As such it is important that your personal finance software will properly handle the treatment of [...]

Most retirement planning software can not model the impact on a retirement funded by the sale of a business because they are not designed to do an actual federal income tax analysis, nor model the cash flow from most business interests.  ExecPlan Express personal financial planning software can handle business that have both passive and [...]