Monthly Archives: September 2015

Leaving a Business: Which Exit Plan is Best?

Published on: September 15, 2015 By: Oozle Media

Selecting your business successor is a fundamental objective of planning an exit strategy and requires a careful assessment of what you want from the sale of your business and who can best give it to you. There are four ways to leave your business: transfer ownership to family members, Employee Stock Option Plan (ESOP), sale…

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Recordkeeping for Charitable Contributions

Published on: September 1, 2015 By: Oozle Media

You must keep records to prove the amount of any cash and noncash contributions you make during the year. Which records you must keep depends on the amount you contribute and whether they are cash or property contributions. New recordkeeping requirements were established for all contributions made after January 1, 2007. You cannot deduct a…

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Defer Capital Gains using Like-Kind Exchanges

Published on: By: Oozle Media

If you’re a savvy investor, you probably know that you must generally report as income any mutual fund distributions whether you reinvest them or exchange shares in one fund for shares of another. In other words, you must report and pay any capital gains tax owed. But if real estate’s your game, did you know…

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