If you decide to use a C corporation to operate your newly acquired business, you should know that our current federal income tax system treats corporate debt more favorably than corporate equity. So, as the owner of a closely held C corporation, you may find that including some third-party debt (owed to outside lenders) and/or...
Category: Entrepreneurship
Choosing the Right Captive 831(b) Manager in Today’s Market
The ever-evolving risk landscape demands proactive business protection. Captive insurance programs, or 831(b) plans, continue to offer a unique solution for mitigating emerging risks and achieving tax efficiencies. But as with any financial strategy, choosing the right captive manager is essential. This article explores ten essential questions you should ask a potential captive 831(b) manager:...
10 Financial Pillars for Building a Sustainable Enterprise: A Comprehensive Guide for Aspiring Entrepreneurs
Congratulations on embarking on the exciting yet demanding path of entrepreneurship! As you navigate the thrilling world of building your own business, remember that your financial well-being is intricately tied to the success of your venture. Here, we delve deeper into 10 essential financial tips to equip you for the long haul, providing examples and...