Business in Nevada
Nevada legislature has pushed for the creation of a business-friendly legislature for years in order to make it a more attractive state for businesses looking for tax advantages and laws that promote their business rather than smother it. Why Nevada? Fortune magazine stated that “Nevada\’s attraction is that it has one of the lowest costs […]
Business Succession Planning
Every business owner will eventually leave their business — whether through retirement, sale, disability, or death. A business succession plan ensures that transition happens on your terms, preserving the value you have built and protecting your family and employees. Why Succession Planning Matters Without a succession plan, the future of your business is left to […]
Buy-Sell Agreements
A buy-sell agreement is a legally binding contract that governs what happens to a business owner’s interest when a triggering event occurs — such as death, disability, retirement, or divorce. It is one of the most important documents a business partnership can have. What Triggers a Buy-Sell Agreement? Common triggering events include the death of […]
Best Way to Invest Money to Make Money
The wealthy do not invest the same way most people do. They use strategies that minimize taxes, maximize leverage, and create multiple streams of income. Here is how they do it. The Tax-Efficient Investor The single biggest drag on investment returns is taxes. The wealthy focus obsessively on tax efficiency — using strategies like tax-loss […]
Bitcoin Is All the Rage — Here’s the Facts
Bitcoin and cryptocurrency have gone from a niche technology experiment to a mainstream investment asset class. Before you invest, here are the facts you need to know. What Is Bitcoin? Bitcoin is a decentralized digital currency that operates on a peer-to-peer network without a central authority. It was created in 2009 by an anonymous person […]
199A Deduction for Rental Real Estate Investors
The Tax Cuts and Jobs Act of 2017 created the Section 199A deduction, also known as the qualified business income (QBI) deduction. For rental real estate investors who qualify, this deduction can reduce taxable income by up to 20%. What Is the 199A Deduction? The Section 199A deduction allows owners of pass-through businesses — including […]
21 Insurance Sales Tips for Insurance Agents
Insurance sales is one of the most challenging — and most rewarding — careers in financial services. Whether you are just starting out or have years of experience, these tips will help you grow your practice and serve your clients better. The Mindset of a Top Producer Top insurance producers think differently than average agents. […]