by Mat Sorensen | Sep 18, 2018 | Business planning, Real Estate, Small Business, Tax Planning
What is a Qualified Opportunity Zone Fund? Here’s the short version, it’s a new break that allows you to re-invest gains from any assets (real estate, stock, etc.) into qualifying go-zone funds. You get both tax deferral and some tax reduction as a result...
by Mat Sorensen | Aug 7, 2018 | Asset Protection, Law, Litigation
I’m going to take a wild guess here, but I’m willing to bet that no one reading this article wants to go to prison – pretty safe assumption, right? If you read articles in this space very often, you’re probably aware that at KKOS Lawyers, we don’t practice criminal...
by Mat Sorensen | May 1, 2018 | Real Estate
One of the financial benefits to owning your home (personal residence) is that the gain from the sale of home can be tax-free up to $500,000 for married couples and $250,000 for single filers. To take advantage of this: You must have lived in the home for two years...
by Mat Sorensen | Jul 26, 2016 | Business planning
If you are assisting someone else’s company in raising money and are receiving a fee for doing so you must do such activities within the confines of the securities laws. These laws essentially provide three different ways in which one may legally raise money for...
by Mat Sorensen | Feb 16, 2016 | Asset Protection, Business planning, Law, Small Business, Uncategorized
I know you’ve read a contract and “glossed” over sections with headings like “Indemnification” and “Severability”. Although these clauses are often overlooked, these clauses are often included in most contracts for...