Taxes are an unavoidable part of life. Whether you're an individual or a business owner, navigating the complexities of tax laws can be overwhelming and stressful. From income tax and sales tax to corporate tax and estate tax, each category comes with its own set of rules and regulations. Understanding these can be crucial to...
Author: Kenner French
Unraveling the 831(b) Captive Insurance Company
Captive insurance companies, specifically the 831(b) micro-captive, have emerged as a potent tool for business owners and entrepreneurs seeking to protect their assets and lower taxes. Through these specialized insurance companies, business owners can gain a myriad of benefits, including customized coverage and enhanced risk management. This article delves into the history of 831(b) captives,...
Island Time or Sleepless Nights? The Untold Story of Business Exits with Patrick Fuchs!
Island time or sleepless nights? Patrick Fuchs, the entrepreneur who sold his business, is here to tell all! Thinking of building a business to flip? We're breaking down the realities of exit strategies - beyond the fancy headlines. Was it financial freedom or a new set of challenges? Patrick spills the tea on the post-sale...