Monthly Archives: December 2019

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Episode 23 – Qualified Opportunity Zone Funds Updates — With Brandon Hughes

Changes to tax laws made in 2017 saw an increase in qualified opportunity zone funds, and these are starting to have an impact on our clients. 

In this episode of The Truth About Wealth Podcast, John and Michael Parise speak with Brandon Hughes of Peachtree Hotel Group about qualified opportunity zone funds and how they may impact your taxes. 

In this episode, you will learn:

  • Why time may be of the essence to invest in a qualified opportunity zone fund
  • Which avenues you may have access to for saving money in taxes
  • Why Brandon’s experience in the hospitality sector makes him especially qualified to discuss qualified opportunity zone funds
  • How the markets impact the funds
  • And more!

Tune in to learn about changes in tax laws, including how you can use qualified opportunity zone funds to save money in taxes. 

Resources:  Copper Beech Financial Group | Peachtree Hotel Group | Brandon Hughes

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Episode 22 – Buy-Sell Agreements Can Save You Millions

When it comes to buying and selling, it’s critical that you understand the difference between public and privately held companies. While there is a readily available market for public ownership, buying and selling within a private partnership or company can be a bit more complicated. 

In this episode of The Truth About Wealth Podcast, John and Michael Parise discuss why buy-sell agreements are so important and what you must know about them.

In this episode, you will learn:

  • What the common triggers are for buying and selling in a privately-held company
  • How business structure may impact your buy-sell agreements
  • Why you should account for capital gains taxes in these documents
  • Why a “wait and see” strategy can be beneficial
  • And more!

Tune in now to learn about the importance of buy-sell agreements!

Resources:  Copper Beech Financial Group

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Episode 21 — Doing Well By Doing Good With ESOPs — With Rick Jaye, AIF®, CRC®

Exit planning is a major part of owning a business. And for many business owners, creating a plan that helps them do good by rewarding the employees that have helped them become successful is incredibly attractive.

Today, John and Michael Parise welcome Rick Jaye of Business Transition Advisors to explore the world of ESOPs. Rick breaks down all the benefits ESOPs can bring to a business and how they can be used to benefit not only a business but also its employees.

In this episode, you will learn:

  • What an ESOP is
  • How ESOPs compare to three other business exit strategies
  • Why ESOPs are so valuable for employers
  • The importance of a business’ cash flow when considering an ESOP
  • The unique tax benefits ESOPs offer
  • And more!

Join John, Michael, and Rick now and consider whether an ESOP is a suitable option for you and your business!

Resources:  Copper Beech Financial Group | Business Transition Advisors | Capstone Headwaters