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For many business owners, building a successful enterprise involves not only driving growth but also planning for the future exit. Choosing the right exit strategy is critical. You only have one chance to get this right. This one decision will effect your financial outcome and the legacy of the business. Here’s a detailed look at…
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Deductions, Credits, and Exemptions Ah, taxes—everyone’s favorite annual reminder that life is indeed short, and the IRS is forever. Tackling the tax code can feel like solving a Rubik’s cube blindfolded, and there are moments when that off-the-grid lifestyle starts to look tempting. But before you pack your bags for the wilderness, let’s break down…
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Financial advisors may not always share the full picture when it comes to managing your money. Advisors often overlook alternative wealth-building strategies due to a lack of knowledge or a conflict of interest. There are a myriad of excellent financial strategies available that you should be aware of. This article will uncover the things your…
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How Business Owners Can Manage Financial Risks Running a business involves managing many moving parts, and while the rewards can be great, so are the risks. Many business owners are so focused on day-to-day operations that they overlook the potential financial risks and the threat they pose to their financial security. Without a proper risk…
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When it comes to selling a business or investments, one critical aspect that often gets overlooked is the capital gains tax. Understanding how this tax works can help you make informed decisions and maximize your financial outcomes. In this blog post, we’ll explore what capital gains tax is, how it applies to selling a business…