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What To Do After You Receive An Audit Letter
If you have received a letter from the Internal Revenue Service (IRS) about a civil audit, you are not alone. You may be feeling overwhelmed and not sure where to start. Understanding the steps you need to take, and the timeline of an audit can help reduce anxiety and help your audit go more smoothly.…
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Why Asset Purchase Agreements Are Important
A well-written asset purchase agreement can help alleviate the stress of asset transfers. These agreements provide for the sale of a seller’s tangible and intangible assets and liabilities to a buyer in return for cash or other forms of payment. Merger and acquisition transactions are complex, and having an asset purchase agreement can help keep…
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Why A Young Adult Needs A Power of Attorney
A young adult who has just turned 18 has many things that they are looking forward to and plans that they are making. Many families with young adults don’t think about Powers of Attorney and Health Care Surrogate documents. These items should be in place before young adult heads out into the world. Health Care…
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The Good and Bad of Offshore Tax Havens
Offshore financial centers have options for people and governments looking to protect and grow wealth. Some Offshore financial centers promote tax fraud while others do not. Tax havens are located across the globe. Some are offshore, like the British Virgin Islands, the Cayman Islands, and Hong Kong. Some countries are also tax havens, like Luxembourg,…
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Why You Need A Will
Many people think that their life is uncomplicated and believe that they do not need a Will. However, if you do not have a will, the state will decide how your assets will be distributed. Some people believe that their assets will go directly to the state if they do not have a will, which…
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