If you own a business that manufactures a product, you may be wondering which options are available to maximize your wealth, optimizing your business structure, and minimizing your tax liability this year – and in the future. After all, by retaining more of your income, you’ll be able to reinvest in your business, leading to more growth and stability for you and your employees.
Continue reading “How Manufacturers Can Maximize their Wealth”
You’ve probably been hearing a lot about the new tax bill Congress passed at the end of last year. The majority of business owners believe they just received a huge tax cut and that, in the years to come, they will have more liquidity to do with as they please. Unfortunately, many will most likely see a reduction of less than 5% in their tax liability.
Continue reading “THE NEW INCOME TAX BILL WILL NOT SAVE MUCH MONEY FOR MOST PASS-THROUGH COMPANIES”
We are pleased to announce that Richard M. Colombik, Attorney, CPA together with Christopher Hynes, JD CFP, both of Tax Law Solutions, LLC are conducting a live webinar “Illinois Asset Protection Planning” on January 23, 2018. Continue reading “Illinois Asset Protection Planning Webinar”