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Kohler & Eyre CPAs, LLP (“K&E CPAs”) has been serving clients Nationwide for over 11 years! We have built a unique team of Personal Tax Consultants and Accounting Professionals whose primary objectives are to not only save our clients taxes, but provide support in their accounting needs to save them time and produce better information for decision making. We pride ourselves in communication, thinking outside the box and implement a proprietary checklist of tax strategies with all of our clients.
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Our Latest Blog Posts
- What is a COPE for Asset Protection?A Charging Order Protection Entity (COPE) is a unique type of entity that can provide additional protection for the assets it holds from the owner’s personal liabilities. It is far more advanced and complex than the average LLC. The COPE is generally structured as a Limited Liability Company (LLC) and state legislatures around the country have created these types of entities to help potential debtors and cause problems for creditors seizing and selling their assets. This entity’s goal is to protect what’s inside the COPE LLC, not just provide the typical LLC benefit of protecting the outside owners and managers from the operations of the LLC. For example, let’s assume you are in a car accident caused by your texting and driving. As such, you might be facing a major liability, but with a COPE LLC holding your assets, it would generally be difficult for the creditor to get ‘into’ ... Read more
- Maintaining Your S-CorporationI wish that it was as easy as just filing a form with the State and you have magical tax savings and bullet-proof asset protection, but that’s simply not the case. Operating your business in the S-Corporation format can provide some amazing benefits, but if we don’t take care of the basics it could cause a lot of unexpected problems. The reality is that the tasks can be easy and fairly affordable. Here are the items to check off on your “to-do list” when it comes to maintaining your entity and you’ll truly reap some tax benefits and have a serious level of asset protection. Here is your ‘to-do-list of 7 things to be aware of if you want to PROPERLY maintain your S-Corp: 1. Annual Maintenance- It’s easy and affordable to simply make sure you hold your annual Shareholder and Director meetings. If you haven’t done your ‘Minutes’ ... Read more
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