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Why Worry About Corporate Tax Structure
If you put only essential assets into the corporation to start with, then you will probably not have very many…
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Mouse in a Barrel
If you incorporate and do not make a special election to be taxed as an S Corporation (where the shareholders…
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Thoughts on how to transfer a dealership to a family member
For the past several of months we have talked about creating different classes of equity for the purpose of granting…
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Ways to attract outside investors to a dealership
Recently my blogs have addressed the question of various types of equity ownership interests in motorsports dealerships. For example an…
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Stock options for dealers to consider
Last month our blog addressed the issues of using different kinds of equity, for example issuing a preferred class of…
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Understanding dealership minority ownership interests
For a variety of reasons, a dealership may find it advisable to sell minority ownership (equity) interests to one or…
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Separating operating assets from real property
Powersports dealers should understand the importance of separating dealership assets (inventory, accounts receivable, shop equipment, etc.) from real estate (the…
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Protecting the Corporate Veil
In my experience, most dealerships are incorporated. The primary reason to incorporate is to have the protection of limited liability.…
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Estate planning in tough times
One of the few benefits of hard times is the opportunity to make large tax-free estate planning transfers. In any…
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A Vital Element When Catastrophe Happens
Although many people never think about it, the biggest reason for forming a corporation is to protect the individual owner…
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