Tax and Wealth Strategies for Family Businesses is a "one-stop" reference for professional advisors of closely-held business owners, CPAs, attorneys, and sophisticated financial planners. It covers a range of tax and financial planning areas affecting entrepreneurs, their businesses, and their families. It is structured so that novice as well as the sophisticated practitioner will find useful advice and practical tools to guide their clients throughout the life cycle of a family business.
This publication is divided into three main sections: the Start-Up Phase; the Operating Phase; and the Exit Phase. Each topic within these sections is covered in an easy-to-understand manner. Among the topics covered are: cash flow, risk management, tax strategies, structuring, investments, retirement planning, college funding, estate planning, and more. This "strategies" book includes practical worksheets and flow charts to help the advisor serve his or her clients.
Topics and Contents
Phase 1: Start-Up Phase
Goals and Objectives
Structuring
Cash Flow
Tax Strategies
Risk Management
Investments
College Funding
Retirement Planning
Estate Planning
Phase 2: Operating Phase
Goals and Objectives
Structuring
Cash Flow
Tax Strategies
Risk Management
Investments
College Funding
Retirement Planning
Estate Planning
Phase 3: Exit Phase
Goals and Objectives
Structuring
Cash Flow
Tax Strategies
Risk Management
Investments
College Funding
Retirement Planning
Estate Planning
Appendix
About the Author
Tax and Wealth Strategies for Family Businesses (2008)
Sheryl L. Rowling, Certified Public Accountant, Personal Financial Specialist and Managing Partner of Rowling, Dold & Associates LLP, has been providing fee-only tax and financial planning advice since 1979. Previously, she managed tax departments at Arthur Young & Company and two multi-million dollar corporations. Sheryl works closely with individual and business clients, assisting them in determining whether and how their goals may be achieved through the proper management of financial resources.
Sheryl has been frequently quoted on financial planning and tax issues in publications such as the San Diego Union/Tribune, The Practical Accountant, Accounting Today and United Airlines’ Hemisphere magazine. She writes a bi-weekly financial column for the San Diego Jewish Times. Sheryl has also appeared on local television and has been a featured speaker at the Los Angeles Times Investment Conference.
Sheryl has been named one of the nation’s top 250 financial advisors by Worth magazine for three consecutive years. She is a member of the tax and financial planning divisions of the American Institute of Certified Public Accountants (AICPA), member of the Association of CPA Financial Planners, member of the California Society of Certified Public Accountants, member of the National Association of Personal Financial Advisors, and a member of the All-Star Financial Group (premier organization of CPA Personal Financial Specialists).
Sheryl holds an M.B.A. in Finance and a B.S. in Accounting from San Diego State Universit