How Can Taxes be Saved Upon Death?
“Cost basis” is the term used to describe the original cost of an asset. It is used to determine the taxable gain on the sale of that asset.
“Cost basis” is the term used to describe the original cost of an asset. It is used to determine the taxable gain on the sale of that asset.
On March 27, 2020, the President of the United States signed into law the Coronavirus Aid Relief and Economic Security (CARES) Act, which includes the Paycheck Protection Program (PPP).
Owners of small businesses may encounter challenges with respect to operational excellence that are less applicable in larger entities. Often times these small businesses operate less formally due to family relationships, which can result in oversights to certain areas of the business.
Barney McKenna & Olmstead, P.C. offers a full range of employment and labor law services. We offer legal counsel on employment relationships to employers of all sizes and across a wide range of industries.
If you are a Utah business owner, an individual in a high liability profession (like a physician or contractor), or if you are an individual with a high net worth, a Utah asset protection trust can help protect you and your family.