Monthly Archives: September 2015

Leaving a Business: Which Exit Plan is the Best Option for You?

Published on: September 15, 2015 By: Oozle Media

Now that you are ready to leave a business, it’s important to come up with an exit plan. There are four different ways to leave your business: transfer ownership to family members, Employee Stock Option Plan (ESOP), sale to a third party, and liquidation. Read more to make the right decision for you.

Read Article

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…

Read Article

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…

Read Article