Business Planning
Inflation Reduction Act of 2022 – What Does This Mean for You?
Episode 192 – On August 16, 2022, President Joe Biden signed into law the Inflation Reduction Act of 2022 to expand affordable healthcare and combat climate change. It did not materially impact income and estate tax planning. Continue Reading Inflation Reduction Act of 2022 – What Does This Mean for You?
Preserving the Future of Family Businesses
Episode 169 – A comprehensive continuity and succession plan is vital to the continued success of the business but, as PricewaterhouseCoopers discovered, not enough family businesses have them. Continue Reading Preserving the Future of Family Businesses
COLI and Why It Might be Appropriate for Your Business
Episode 150- COLI is an effective tool to invest company cash in a tax-deferred growth vehicle with a death benefit component to fund a variety of business-planning needs and strengthen the company’s financial statements. Continue Reading COLI and Why It Might be Appropriate for Your Business
Build Back Better Tax Proposals – Part 3: Retirement Plans & Corporate Taxes
Episode 146 – The House recently released its tax proposals to fund the $3.5 trillion Build Back Better Act. Many provisions will impact high-income, high-net-worth individuals and small-business owners. We have created a three-part podcast series summarizing these provisions to help you consider how they may affect your financial objectives so you can start preparing for change while there is still an opportunity to do so. In this Part 3 episode, we’ll cover the proposals that affect retirement plans and corporate taxes.
Continue Reading Build Back Better Tax Proposals – Part 3: Retirement Plans & Corporate Taxes
Build Back Better Tax Proposals – Part 2: Estate & Gift Taxes
Episode 145 – The House recently released its tax proposals to fund the $3.5 trillion Build Back Better Act. Many provisions will impact high-income, high-net-worth individuals and small-business owners. We have created a three-part podcast series summarizing these provisions to help you consider how they may affect your financial objectives so you can start preparing for change while there is still an opportunity to do so. In this Part 2 episode, we’ll cover the proposals that affect estate and gift taxes. Continue Reading Build Back Better Tax Proposals – Part 2: Estate & Gift Taxes
Build Back Better Tax Proposals – Part 1: Income Taxes
Episode 144 – The House recently released its tax proposals to fund the $3.5 trillion Build Back Better Act. Many provisions will impact high-income, high-net-worth individuals and small-business owners. We have created a three-part podcast series summarizing these provisions to help you consider how they may affect your financial objectives so you can start preparing for change while there is still an opportunity to do so. In this Part 1 episode, we’ll begin with income taxes. Continue Reading Build Back Better Tax Proposals – Part 1: Income Taxes
Do You Really Know How Much Your Business is Worth? Why You Need a Business Valuation.
Episode 141 – Most business owners don’t know the true value of their company, but they need to, for a variety of reasons including business, estate and personal planning. See how your Security Mutual Life insurance advisor can help with the planning and the valuation. Continue Reading Do You Really Know How Much Your Business is Worth? Why You Need a Business Valuation.
Why Every Business Owner Needs a Business Succession Plan
Episode 81 - If you’re a small business owner, you’ve worked tirelessly to build your business. Your financial needs and those of your family are highly dependent upon it. So now is the time to make sure that you have a business succession plan for...
Retirement Income for Owners of Pass-Through Entity Businesses
Episode 79 - Owners of pass-through businesses have few options outside of personal savings and the sale of the business for retirement income, unless a qualified retirement plan is installed. There is, however, a simple option that we’ll...
A Strategy to Hold Your Best Employees—Retention Bonus Plan
Episode 76 - A Retention Bonus Plan is a strategy to retain your best employees for a specified period of time with a unique monetary benefit. It builds loyalty and helps the employee supplement savings. We’ll examine how this works.Transcript of Podcast...