Why Succession Planning Is A Must Part 6
Black Pros On Money, Honey!
by Wayne Scully, CPA and Tax Master Attorney
4M ago
Today's episode deals with the final stage of The Succession Plan - Sales, Gifts & Inheritances. No matter how late or early it is, it's almost never too late to talk about something like this. We go into that and so much more on this final show for Season 2 of Black Pros On Money, Honey - where none of us are smarter than all of us! Look for us again in late April/Early May for Season 3 in 2024. Thanks for going with us where others wouldn't dare and because of that we wish you and your family a Happy New Year. P.E.A.C.E. = Proper Education Always Corrects Error ..read more
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Planning Is A Must Part 5
Black Pros On Money, Honey!
by Wayne Scully, CPA and Tax Master Attorney
4M ago
Today's episode deals with entity-purchase agreement which controls the reassignment of ownership interest in a company in the event that a partner dies or otherwise leaves. We go into that and so much more on this can't miss episode of Black Pros On Money, Honey - where non of us are smarter than all of us ..read more
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Why Succession Planning Is A Must Part 4
Black Pros On Money, Honey!
by Wayne Scully, CPA and Tax Master Attorney
5M ago
Today's episode deals with partners and succession planning. The episode also goes into the type of agreement to protect partners. We go into that and so much more on this can't miss episode ..read more
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Why Succession Planning Is A Must Part 3
Black Pros On Money, Honey!
by Wayne Scully, CPA and Tax Master Attorney
5M ago
Today's episode deals with choosing someone to succeed you based on good judgment. This episode also goes into creators and influences and their need to know the importance of Digital Estate Plans. We go into that and so much more on this can't miss episode ..read more
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Why Succession Planning Is A Must Part 2
Black Pros On Money, Honey!
by Wayne Scully, CPA and Tax Master Attorney
5M ago
Today's episode comments on P. Diddy in terms of having a succession in place just in case. It's relevant in terms of ensuring that the most qualified individuals are ready to take leadership roles when needed. We also go into what is a Morals Clause and how it generally grants employers the exclusive right to end a contract in the event an employee engages in behavior that may be harmful to the employer's image. We go into that and so much more on this can't miss episode.  ..read more
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BUSINESS SUCCESSION PLANNING PART1
Black Pros On Money, Honey!
by Wayne Scully, CPA and Tax Master Attorney
6M ago
Welcome to Another Episode of Black Pros On Money Honey, Where none of us are smarter than all of us! Today's show will be the beginning of a conversation as to why Succession Planning is a must and something that all black-owned businesses should be prepared to discuss. We will also talk about the only 4 types of businesses Black were allowed to have right after slavery. We'll talk about that and so much more on this can't miss episode of Black Pros On Money Honey, Where none of us are smarter than all of us ..read more
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File Taxes Directly With The IRS - IRS Direct File
Black Pros On Money, Honey!
by Wayne Scully, CPA and Tax Master Attorney
6M ago
Welcome to Another Episode. Today's show is on IRS Direct File.The IRS has a new tax service called Direct File. This is a system that allows you to upload & file your documents directly online for free. We’re going to talk about that on this week's Episode of Black Pros On Money Honey. Where none of us are smarter than all of us ..read more
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The United States and Quantum Information Science.
Black Pros On Money, Honey!
by Wayne Scully, CPA and Tax Master Attorney
6M ago
Welcome to Another Episode. Today's show is on Quantum Computing. President Biden signed a Presidential directive that will advance national initiatives in quantum information science (QIS) signaling the Biden-Harris Administration’s commitment to this critical and emerging technology. This directive attempts to mitigate the risks that quantum computers pose to America’s national and economic security. We’re going to talk about that on this week's Episode of Black Pros On Money Honey. Where none of us are smarter than all of us ..read more
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The Final of a 6 Part Series
Black Pros On Money, Honey!
by Wayne Scully, CPA and Tax Master Attorney
7M ago
Description of Episode: Today's show is the final of a 6 part series looking at TAX ISSUES WHEN CONVERTING A RENTAL TO YOUR PERSONAL RESIDENCE. This episode covers form 1099-S, Proceeds from Real Estate Transactions. This is another can't miss episode that you're sure to learn a few things from. Thanks again for listening to another episode of Black Pros On Money Honey, Where none of us are smarter than all of us ..read more
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TAX ISSUES WHEN CONVERTING A RENTAL TO YOUR PERSONAL RESIDENCE
Black Pros On Money, Honey!
by Wayne Scully, CPA and Tax Master Attorney
7M ago
Today's show is the 5th of a 6 part series looking at TAX ISSUES WHEN CONVERTING A RENTAL TO YOUR PERSONAL RESIDENCE. This episode covers Depreciation & Recapture. This is a can't miss episode that you're sure to learn a few things from. Thanks again for listening to another episode of Black Pros On Money Honey, Where none of us are smarter than all of us ..read more
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