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When Does a ‘Reverse’ Retirement Rollover Make Sense?

When Does a ‘Reverse’ Retirement Rollover Make Sense?

by Kevin Kennedy | Feb 10, 2020 | Business planning, Retirement Planning, Securities law

Many of you are familiar with rolling over a former employer 401(k) to an IRA. This is very common. But does it ever make sense to do the opposite, i.e., roll over/ transfer an IRA to a 401(k)? This is sometimes called a ‘reverse rollover’, and the answer is YES. Here...
Partnerships and S-Corporations | Like Oil and Water, they don’t Mix

Partnerships and S-Corporations | Like Oil and Water, they don’t Mix

by Deven Munns | Jan 31, 2020 | Asset Protection, Business planning, Corporations, Real Estate, Small Business

I make it a goal with every client to make his or her entity structure as simple as possible. However, there are times when a little bit of structural complexity pays huge dividends on a tax return. If you are reading this article, you are probably already familiar...
Just Throw the Ball: How to Get Your Business Off the Ground

Just Throw the Ball: How to Get Your Business Off the Ground

by Deven Munns | Dec 11, 2019 | Asset Protection, Business planning, Corporations, Litigation, Securities law, Small Business, Tax Planning

Deven  L. Munns, Esq. Starting a successful business can be highly technical and knowing how to do it right can make or break your business. To start the business right, you need to: Come up with a business idea you think would make money. Determine what products or...
Side Hustle Income: Does a C-Corp Make Sense?

Side Hustle Income: Does a C-Corp Make Sense?

by Kevin Kennedy | Dec 11, 2019 | Asset Protection, Business planning, Corporations, Law, Securities law, Small Business, Tax Planning

By Kevin L. Kennedy, Esq. Let’s say you have a day job working for someone else, but you’re also trying to start a side business.  You hope that one day you can leave your ‘day job’ and work for yourself full-time.  Maybe this sounds familiar to you. Your first...
What Tax Law is Haunting NYC?

What Tax Law is Haunting NYC?

by Deven Munns | Dec 11, 2019 | Asset Protection, Business planning, Corporations, Law, Real Estate, Small Business, Tax Planning

Deven L. Munns, Esq. New York City has a lot to offer when it comes to world-class entertainment, dining, and sightseeing: Rockefeller Center, the Museum of Natural History, the Brooklyn Bridge, Time Square, and Broadway! However, unbeknownst to visitors to this...
Asset Protection 101: Separate Your Business from Your Assets

Asset Protection 101: Separate Your Business from Your Assets

by Kevin Kennedy | Dec 11, 2019 | Asset Protection, Business planning, Law, Litigation, Securities law, Small Business

By Kevin Kennedy, Esq. Whether you’re a retailer, a broker, a doctor, etc., you know that renting commercial office/retail space can be your most expensive operating cost. You also know that one of the ways to build wealth is to invest in real estate. For these...
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