by kkpatton | Feb 6, 2024 | Business Planning, Corporate Transparency Act, Estate Planning
Small business owners will have one more item on their compliance to-do list! The Corporate Transparency Act (“CTA”) reporting requirements went into effect on January 1, 2024. The CTA,[1] enacted as part of the Anti-Money Laundering Act of 2020 (AMLA),...
by kkpatton | Mar 30, 2022 | Business Planning
Over 5 million family-owned businesses exist in the United States, generating 50% of America’s GNP. Small businesses form a strong backbone for our entire economy and help build generational wealth for business proprietors. These entrepreneurs have worked hard to...
by kkpatton | Nov 5, 2018 | Business Planning, Estate Planning, Living Trust, Pet Trusts
In the past, estate tax was often the tail that wagged the estate planning dog. In today’s world, the estate tax exemption has grown exponentially, and affects a relatively small number of people. In Arizona, we do not have an Arizona estate tax, so for the vast...
