New Partnership Audit Rules
In this video, Barry and Chad break down the IRS’s new partnership audit rules and explain why every partnership must update its operating agreement to avoid unexpected tax consequences.
Succession Planning
In this video, Barry and Chad explain how succession planning keeps a business running smoothly through buyouts, leadership transitions, and owner retirement.
Exit Planning
In this video, Barry and Chad break down exit planning for business owners, explaining how to maximize value, avoid fire sales, and plan for succession and estate considerations.
Entity Selection
In this video, Barry and Chad discuss why choosing the right business entity is vital for protecting your liability, minimizing taxes, and setting your company up for long-term success.
Characterizing or Mischaracterizing Employees
In this video, Barry and Chad break down the risks of misclassifying workers as independent contractors and explain how getting it wrong can trigger audits, penalties, and serious financial fallout for small businesses.
Businesses that Go through Probate
In this video, Barry and Chad explain why business owners should plan ahead to keep their companies out of probate and protect their families from costly delays.
Advisors not Communicating with Each Other
In this video, Barry and Chad explain why your attorney, CPA, and financial advisor should work together -- and how coordinated advice prevents confusion, conflict, and costly mistakes.
Not Having a Shareholder & Buy-Sell Agreement
In this video, Barry and Chad break down one having a shareholder or buy-sell agreement. They explain how the right agreement protects your company from chaos in the event of death, disability, divorce, or retirement, and why putting it in place early can save you...
Commingling Business and Personal Accounts
Barry and Chad break down what commingling really means -- and why it’s one of the biggest mistakes business owners make. They explain how mixing personal and business funds can lead to tax headaches, inaccurate valuations, and even personal liability.
Putting all the Money in Business
In this video, Barry and Chad dive into one of the biggest financial blind spots for entrepreneurs: relying solely on their business for retirement. They explore why diversification, liquidity, and compounding outside the company are essential to long-term financial...
