Challenging the Authenticity of Documents in Court
The day may come when you are asked to prove to a court that certain evidence — such as a birth certificate, a will, or even a voice on a recorded phone call — is real. How does a person without legal training show, to the satisfaction of a judge and/or jury, that evidence is genuine? Here’s a look at some of the common ways that evidence can be validated and accepted into a court proceeding.
Sell (or Buy) a Corporate Business With a Tax-Free Reorganization
Sellers usually prefer stock sales, rather than asset sales, for the tax benefits. But there may be a better way to structure a sale. Continue reading to see how you might be able to defer paying taxes when selling your corporation — until a much later date.
Are Your Social Security Benefits Taxable?
Many people are surprised to learn that more than half of Social Security recipients owe taxes on some of their benefits. The percentage of your benefits that could be taxable varies depending on your income level. Here’s an overview of how “combined income” is calculated and possible strategies to help reduce it and, in turn, your overall tax obligation.
Estimating the Value of Your Business Today
You should always operate your business as if it’s up for sale, because you never know when you’ll receive an offer that’s too good to refuse. Plus, sales of some business interests may not be planned. Part of operating in a sale-ready state is knowing the current value of your company. Here’s an overview of the fundamentals of valuing a private business, including key value drivers.