In the third quarter of 2017, more than 2,500 small businesses were sold. The median sale price was $225,000, up from $200,000 the year before.¹ As a business owner, ascertaining the value of your business is important for a variety…
In March 2015, about 679,072 new business had been created in the preceding year.¹ All individuals pursuing the dream of exercising their entrepreneurial muscles, will face the same question, “Which business structure should I adopt?” Each option presents its own set of…
The Supreme Court’s decision declaring The Defense of Marriage Act (DOMA) unconstitutional was a watershed event that may require some same-sex couples to reconsider the financial strategies they currently have in place. But uncertainties abound. Federal agencies still need to…
When an individual dies, the executor is faced with an important decision that has the potential to impact the taxes owed by the estate and its heirs.¹ The executor will have the option of valuing the estate on the date…
It has been said that the best inheritance we can give our children is a few minutes of our time every day. It’s also true, though, that our children will not always have us in their lives. Children with special…
