3 Reasons Why It’s Necessary to Update Corporate Minutes

  Corporate Minutes are required for your corporate housekeeping Corporate Minutes can help you save taxes and support tax deductions Corporate Minutes and formalities can help you avoid business problems To preserve the legal benefits of incorporation, corporations must hold regular directors' meetings. By keeping clear and appropriate records of...

Business Restructuring, Workout, and Turnaround – Bankruptcy Strategies For Business Coping With The Pandemic Economy

Rapid or unexpected changes in the marketplace can leave even the most well-managed business facing turnaround, business restructuring, or bankruptcy. The COVID-19 pandemic and ensuing quarantine have interrupted business processes around the world, stalling supply chains, shuttering offices, and leaving many companies scrambling to find new paths to profitability. If...

5 Ways to maximize your Cash Flow NOW: Relevant Strategies under the Coronavirus Aid, Relief, and Economic Security Act, a.k.a. the “CARES Act”

1) Stimulus Checks = Money Now Individuals making up to $75,000 a year would receive checks for $1,200, with an additional $500 per child. The payments would progressively decrease for individuals making more than $75,000, with an income cap of $99,000. The catch: in most cases, you must file your...

Moskowitz LLP Offers Three Free Tax Seminars This October in the San Francisco Area

Moskowitz LLP is going to be hosting three free seminars this October! Participants will learn vital tax lessons from the Moskowitz team, drawing from their 30 years of experience helping domestic and international clients with tax challenges. You will learn: How to pay tax on only 80% of your profit,...

Captive Insurance Companies, Part IV: Crackdown on Captive Insurance Abuses

Previous Posts in this Series Part I: What is a Captive Insurance Company? Part II: Types of Captives Part III: Benefits and Risks A captive insurance company manages its parent company’s business risks while providing it with substantial benefits. However, abuse of the tax benefits of captives – particularly small...

Captive Insurance Companies, Part III: Benefits and Risks

Previous Posts in this Series Part I: What is a Captive Insurance Company? Part II: Types of Captives Captive insurance companies provide businesses with savings opportunities, tax benefits, and greater flexibility in managing insurance needs. However, they are subject to pricing fluctuations, require significant capital, and pose some administrative challenges,...