Ideas to increase and protect your wealth

Article Abstract:

There is a simple way for business owners to give themselves an uncomplicated fringe benefit that needs no approval from tax authorities. This method involves the purchase of a life insurance policy that has a cash surrender value. The insurance policy should be of such amount that its premium about equals the business owner's annual bonus. In this way, the corporation gets a tax deduction while the business owner benefits from the dividends and the cash value accrued by the policy.

Business, Management, Life insurance, Bonuses

---

Ideas to increase and protect your wealth

Article Abstract:

Business owners need to enhance their knowledge of financial instruments in order to expand and protect their assets. For instance, they should know the concepts of premium and call option in long-term bonds. The key factor to remember in long-term bonds is that as their terms become longer, so do they become more sensitive to fluctuations in interest rates. Pointers on bounced checks, sales tax, property investments and liquidity are also provided.

Financial management

---

Ideas to increase and protect your wealth

Article Abstract:

Suggestions to help individuals increase and protect their wealth are presented. The suggestions concern the purchase of businesses and assets, life insurance policies, time capital expenditures, corporate taxes, charitable contributions, IRS rules and exemptions, tax return processing and the nanny tax. Questions about wash sales and deductions of mortgage interest for a mortgage which is in the name of a daughter are also answered.

Tax Law, Public Finance Activities, Laws, regulations and rules, Financial planning, Personal finance, United States. Internal Revenue Service

Similar abstracts:

• Abstracts: Real estate investment trust. part 2
• Abstracts: Judge rejects U.S. plan to settle antitrust case against Microsoft. part 2 Microsoft and U.S. seek to upset judge's decision
• Abstracts: Water utility industry. part 7
• Abstracts: Securities brokerage industry. part 7
• Abstracts: Rip Van Digital awakes to a software hangover. Virus fighters on 24-hour global guard

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.