Barry BoscoeNov 1, 2021Making Family Business WorkIf you run a business in which you are able to hire your children to help you, then paying them wages for the work they do, will teach...
Barry BoscoeNov 1, 2021Section 1035 Exchange Tax TrapIn a recent ruling, it was decided that monies received from a terminated annuity contract were taxable to the annuitant since the...
Barry BoscoeNov 1, 2021Charitable Rollover IRA Provisions Made PermanentWith the Pension Protection Act of 2006 IRC Code Section 408(d)(8) provided an annual exclusion from gross income up to $100,000 for any...
Barry BoscoeNov 1, 2021Buy/Sell AgreementsA Necessity for Closely Held Businesses Closely held companies have many agreements, but one of the most important is a buy/sell or...
Barry BoscoeNov 1, 2021ESOPs for Buy/Sell PurposesAn owner, who wishes to sell an interest in either his closely held corporation or S corporation, but does not have a current buyer, may...
Barry BoscoeNov 1, 2021Asset Protection & Your Pension PlanERISA generally makes it more attractive to retain funds in a qualified plan instead of converting the funds to a Roth IRA or traditional...
Barry BoscoeOct 31, 2021How to Shield Tangible Assets through "Equity Stripping"The very wealthy are always looking to decrease the appeal of specific assets with regard to creditors and litigants. There are new...
Barry BoscoeOct 31, 2021Asset Protection 101With 95% of the world’s litigation taking place in the United States, one must look to provide protection for their retirement assets. ...
Barry BoscoeOct 31, 2021Believe it or not, there is more than one type of Pension Plan.Many people believe that the only kind of pension plan one can have is what is known as a qualified pension plan; i.e., pension which...