Strictly Business: Planning Strategies for Privately Owned Businesses
David K. Cahoone, Larry Weldon Gibbs
Quantum Press, Dec 1, 2001 - Business & Economics - 608 pages
Strictly Business is the first book in 2002 to discuss the impact of recent tax law changes on businesses and business owners. Looking beyond the phantom tax "rebates" and estate tax "repeal," it clearly explains the challenges and opportunities the new act creates for business owners-and why reducing taxes may not be their chief planning concern. Strictly Business is written in a hard-hitting, question-and-answer format to clearly and simply explain complex concepts and strategies relating to starting and operating a business, choosing a business structure, expanding a business, and developing fringe benefits, retirement funds, and a succession strategy. By drawing on several disciplines and the expertise of more than 90 of America's leading planning professionals, Strictly Business offers the most comprehensive and relevant planning ideas on issues important to business owners. For many of us, just knowing the questions to ask our advisors will greatly help us to become involved in the planning process. Whether you are a would-be-entrepreneur or a veteran business owner, armed with the insights and information in Strictly Business, you will be able to enter into the planning process with your advisors with more confidence to ensure that your business and your legacy thrive and remain strong, now and into the future.
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Part One A Work in Progress
Harnessing the Winds of Change
Starting a Business
36 other sections not shown
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50 percent advisors amount annual annuity assets attorney basis beneficiary benefit business owners business plan business valuation buy-sell agreement buyer cafeteria plan Chapter charitable remainder trust closely held cost creditors death debt disability distributions dividends earnings employee's employer contributions entity equity ESOP estate planning estate tax exemption example exit strategy fair market value family limited partnership family members funds gift tax income tax investment investors key employees limited liability limited liability company limited partner limited partnership loan ment ness operating ownership interests participate partnership interests payments Peterson Institute premium profits protection qualified plan rabbi trust receive requirements retirement plan revocable living trust salary sell seller shareholders shares SIMPLE IRA sole proprietorship spouse stock options succession plan tax act tax deduction tax purposes taxable tion transfer trust maker valuation