Archive for month: January, 2016
http://prudentasset.com/wp-content/uploads/2016/01/photodune-3142773-tax-s.jpg 632 948 Deven Sharma http://prudentasset.com/wp-content/uploads/2019/09/logo-300x96.png Deven Sharma2016-01-12 00:04:472016-08-22 22:08:34New Income Tax Rules for Life Insurance
Owners of very successful private corporations are well aware of the importance of cash flow. Many are protective of how they allocate corporate capital so that business ventures are adequately funded and investment opportunities are not missed.
http://prudentasset.com/wp-content/uploads/2016/01/iStock_000003675015Small.jpg 565 849 Prudent Asset http://prudentasset.com/wp-content/uploads/2019/09/logo-300x96.png Prudent Asset2016-01-01 07:26:212016-08-22 22:08:34The Corporate Extraction Strategy
The Corporate Extraction Strategy involves transferring a personally owned life insurance policy to a corporation for its fair market value (FMV). When handled properly, it could result in withdrawing capital from the corporation tax free!