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February 27, 2010
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Did You Know?    
 
 
LLC envelope offers substantial advantages over other entities
LLC envelope offers substantial advantages over other entities, there are at least five common circumstances when a tax regime other than an S corporation may be more appropriate: 1) the business cannot qualify as an S corporation; 2) the one-class-of-stock limitation for S corporations cannot accommodate certain business terms agreed to by the parties; 3) the business involves appreciating assets (i.e., assets that have, or are likely to have, a fair market value in excess of basis), such as real estate; 4) the business has considerable debt and the owners anticipate significant losses; and 5) the wage-reduction tax strategy explained previously will not benefit the owners because either the primary income of the business is excluded from self-employment tax or, in the case of newly formed companies, one or more employee-owners already receive aggregate wages or self-employment income from an existing business in an amount which approaches the taxable wage base limitation

 


  Newsroom  
 


News about Asset Protection cases in Washington DC and nationwide:

JUSTICE DEPARTMENT TO HALT FLORIDA MAN’S ASSET PROTECTION SCHEMES
WASHINGTON, D.C. - Today the Department of Justice filed suit in federal court in Tampa, Florida, to stop David Marvin Swanson of Sarasota, ...
Read more >


Court Orders Illinois Broker John M. Lofgren And Melrose Asset Management To Pay Over $5.5 Million To Defrauded Commodity Pool Participants
Washington, D.C. – The U.S. Commodity Futures Trading Commission (CFTC) announced today that on August 30, 2004, Judge...
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Department Licenses State's First Group Captive For Fourteen Of New York’s Major Financial Institutions
        Superintendent of Insurance Gregory V. Serio today announced that the State Insurance Department has lic...
Read more >


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Asset Protection Lawyers.com Terms

 


Today's Terms

Portfolio

Definition:
A collection of securities assembled for an investment goal.

Tax-deferred earnings (investments)

Definition:
Earnings on which taxes are not paid until a future date, usually when funds are withdrawn. The TSP and traditional IRAs are examples of vehicles that offer tax-deferred earnings.

Testamentary trust

Definition:
A trust that is established by will. Compare to living trust.

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Asset Protection Resources

 


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Asset Protection Hot Topics

 
Topics Related to Asset Protection:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax
  • Dynasty Trust
  • Annuities

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Washington DC Asset-Protection Attorney

 
If you live in the following cities and need an Asset-Protection attorney you should contact our Asset-Protection Attorney as soon as possible:

  • Washington DC
  • Adams Morgan
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  • Chevy Chase
  • Chinatown
  • Columbia Heights
  • Dupont Circle
  • Foggy Bottom
  • Friendship Heights
  • Georgetown
  • Glover Park
  • Logan Circle
  • Mount Vernon Square
  • Mount Pleasant
  • Shaw
  • Woodley Park


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