IRS Conducting More Audits on High-Net-Worth Taxpayers


IRS increasing audits on high-net-worth individuals in 2020

The IRS recently told taxpayers it is now auditing more high-net-worth individuals. It’s important to prepare, in case you find yourself the subject of one of these audits. The I ...

What Are Attorney Paymaster, Escrow and Commission Dispersal Services?


Paymaster, escrow and commission dispersal services are beneficial for large financial transactions

When engaging in certain business transactions, you must follow federal and your State’s regulations to remain compliant with the law—in fact, depending on the property being t ...

Should You Be Worried About IRS Criminal Penalties?


The IRS uses fines and prosecution to punish people who don’t comply with tax laws.

Most people are aware that cheating on your taxes is against the law, but when it comes to tax compliance, not everyone is on the same wavelength about what constitutes “cheating ...

The Risks of DIY Wealth Management


DIY wealth management isn’t the best approach for a high-net-worth individual or business.

We live in a DIY culture, but there are still some things that you should not try to do on your own. For someone with high net worth, wealth management is one of those things. Rath ...

4 Mistakes You Don’t Want to Make in Protecting Your Assets


4 mistakes that people make when it comes to asset protection plans (or lack thereof).

You worked hard to build your assets. Unfortunately, those with bigger assets often become targets for litigation. Even if you’re lucky enough to escape that, life can change qui ...