The Cleveland Quartet musicians had the luxury of selecting the time when they wanted to disband. They also likely didn’t have to think about tax consequences when they disbanded.
However, for individuals who jointly...more
6/17/2019
/ Broker-Dealer ,
Capital Gains ,
Change in Ownership ,
Commercial Real Estate Contracts ,
Income Taxes ,
Limited Liability Company (LLC) ,
Mortgage REITS ,
Partnerships ,
Real Estate Investments ,
Real Estate Transactions ,
Refinancing ,
REIT ,
Section 1031 Exchange ,
Tax Basis ,
Tenants in Common
...Businesses, like violins, need regular maintenance. What needs to be done may well depend upon the type of business and how many owners and employees it has. However, all businesses need certain routine “maintenance” to...more
6/18/2018
/ Annual Reports ,
Board Meetings ,
Board of Directors ,
Books & Records ,
Business Entities ,
Business Licenses ,
Business Taxes ,
Bylaws ,
Corporate Officers ,
Document Retention Policies ,
Filing Requirements ,
Limited Liability Company (LLC) ,
Meeting Minutes ,
Partnerships ,
Preventative Maintenance ,
Recordkeeping Requirements ,
Secretary of State ,
State Taxes ,
Tax Returns
In 1985, the “participatory journalist” George Plimpton worked as a temporary percussionist, playing sleigh bells, triangle, bass drum, and most notably, gong, with the New York Philharmonic. During a performance, he once...more
5/2/2018
/ Audits ,
Business Taxes ,
C-Corporation ,
IRS ,
Limited Liability Company (LLC) ,
Opt-Outs ,
Partnership Agreements ,
Partnerships ,
S-Corporation ,
Tax Liability ,
TEFRA
Recently, a mom in one of my social media groups submitted a post asking for advice about the best musical instrument for her children to learn. I posted a reply saying that there is no one best instrument, but rather, the...more