As 2014 comes to a close, it’s important to take one last look for year-end tax savings opportunities. Whether it is a planned purchase or lease or simply making year-end distributions, every transaction has implications. Make sure you contact your Tax Attorney or CPA to get the maximum benefit within the appropriate guidelines.
If we can be of any help, the team at Anthony J. Madonia & Associates, Ltd. is available to assist in Providing The Right Direction™.
Best Wishes for a Happy Holiday Season!
Anthony Madonia has been named a 2014 Five Star Wealth Manager for a second year. He is one of 28 attorneys selected from over 390 candidates.
Successful business owners and affluent families work with expert advisors to protect their assets and plan for their legacy. Often times, however, they fail to make connections between their advisors. This results in many professionals looking just at their portion of a business or estate plan, rather than collaborating about the bigger picture.
As with most teams, the Value of the Team is Greater than the Sum of the individuals.
Most contracts must be supported by an exchange of value (legal term: consideration) to be enforceable. Under the prior law, the value that supported a non-compete agreement depended on when the agreement was executed. Usually, the employee’s employment was used as the basis to support the non-compete agreement.
Businesses need support and advice. They especially need support in times of exponential growth, during economic challenges, and in transition.
Anthony J. Madonia and Associates, Ltd. is a premier law firm located in vibrant downtown Chicago that focuses on Corporate Law, Mergers & Acquisitions, Taxation and Estate Planning.subscribe archives