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While large loans from parents to offspring are quite common, it is important to pay attention to the tax rules that apply to the transaction.

Not knowing the factors that can trigger an IRS audit often contributes to high levels of anxiety.

With a GRAT, you can put all or part of your company’s stock into an irrevocable trust that pays you (the business owner) a fixed income for a specified number of years.

A properly structured estate plan will help to fulfill your specific goals and wishes for asset control and distribution during your lifetime and after your death.

ROUGH BEGINNINGS The “back-to-school” marketing campaigns are hitting me particularly hard this year.

The 1998 IRS Reform Act shifted the burden of proof from the taxpayer to the Internal Revenue Service (IRS) in certain situations. However, the rules will not apply if you cannot come up with the proper documentation.

Timing is everything. As a result, it is prudent for today’s small business owner to consult with insurance, legal, and tax professionals to devise a plan of action that will provide security for his or her business and family.

Without the proper legal, financial, and health care protection, you may be at risk should you become incapable of directing your own affairs.

Did you know that searching for a new job can be tax deductible? The costs of your job hunt may lessen your tax burden if you are looking for a new position in your present occupation.

As a busy executive or business owner, you are, more than likely, in a personal financial and estate planning position that may be considerably different from other individuals.