IRS “hunting season” has begun, and bitcoin traders are big game for IRS agents.
It’s no secret that many fraudsters steal cash from smaller nonprofit organizations because cash is more difficult to trace than stealing through any of the disbursement schemes. So what can you do to help prevent this?
For many families, a college education is a significant financial burden that is increasingly hard to meet with savings, current income and a manageable amount of loans. For some, the ace in the hole might be grandparents.
With so many charities to choose from, it’s more important than ever to ensure that your donation is well spent. Here are six tips that can help you make smart and effective charitable donations.
Businesses face increasing challenges from ever-expanding tax regulation complexities. It’s exciting, then, when tax professionals like us can dig deep within such challenges and uncover money-saving opportunities for our clients. One opportunity in particular has recently emerged, and we at Skoda Minotti think it merits serious consideration by real estate businesses of nearly any size.
Determining exactly what 2016 will bring in terms of economic activity and profitability levels is an educated guess. However, preparing your early stage company to focus on “the defensive side of the ball” can provide significant downside protection while increasing the likelihood that the company will still be on the field when it is time again to play offense.
Imagine two sisters, both having curly hair and blue eyes, but one likes to spend the afternoon shopping with friends and the other likes to spend time reading alone in a park. One may ask, how can two siblings who look so similar still be so unique? Just like these siblings, there are two similar yet unique benefit streams that can be used in valuing business ownership interests when applying an income approach: