moneyFYI
Financial Freedom Is Merely Organized Common Sense
Tag: business structure
Tax Avoidance Is Morally Right
There is a saying in New Hampshire, “It is illegal to pay too little tax and immoral to pay too much.”
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Shareholder Agreements Are A Necessity
Good agreements are guardrails for your business.
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Exploiting Opportunities and Solving Difficult Problems
Being fussy about what you work on cuts costs.
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What Does It Take To Create A Huge Business?
You need some things to create and develop a large business. Things like skill, hard work, willingness to learn, emotional support form those close to you, perseverance, eventually money from outsiders, the ability to hire and manage people. There is one key item, though.… Continue Reading “What Does It Take To Create A Huge Business?”
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What Is the “Fair” Corporate Tax Rate?
The corporate tax rate should be 0% for companies that invest in their businesses
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You Cannot Become Wealthy In Isolation
Building wealth means applying your skills in a society that supports wealth.
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What Happens To The Businesses?
Running mature businesses is as hard as building them and requires a different skill set.
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Is It Possible To Tax A Corporation?
In the sense of, “Is there a tax applied to some base that is clearly the corporation’s?” I suppose it is. The important question though, is not that. The important question is, “Is it possible to have the cost of a tax fall upon… Continue Reading “Is It Possible To Tax A Corporation?”
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The Tax Tail On Testamentary Trusts
Beginning 1 January 2016, with a few exceptions, testamentary trusts with graded tax rates disappear. There can be one for 36 months and they can exist longer for disabled beneficiaries. Many planners are disappointed because this was a very easy and reasonably effective way… Continue Reading “The Tax Tail On Testamentary Trusts”
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The Strategy/Operations Dividing Line
Organizations of every kind, from corporations, to religions, to governments, are organized to achieve desired results. There is a simple inherent structure. Strategy or what to do, Tactics the how to do it part and Logistics the actual doing of it. Logistics has several… Continue Reading “The Strategy/Operations Dividing Line”
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