Articles Library

The Corporate Transparency Act: Implications and Considerations As the clock ticks closer to January 1, 2024, businesses across the nation are preparing for the implementation of the Corporate Transparency Act (CTA). This landmark legislation aims to enhance transparency and accountability in the corporate world. Here we will discuss the main provisions of the CTA, discuss its implications for small…

Conveniently located in Remington Square, the new space will serve as a central educational and service hub for clients, as well as strategic partners in the community for continuing education and planning collaboration. HOUSTON, Nov. 14, 2023 /PRNewswire/ -- Granite Harbor Advisors, an independent registered investment…

One of the most significant threats to the long-term success of wealth accumulation, particularly for high-net-worth individuals, is the burden of taxes. The question to all finance professionals, from CPAs to wealth advisors, is simple: What steps can we take now to proactively help maximize wealth and minimize tax burdens in the future? Often, these strategies require the partnership of a CPA and…

The Power of Buy-Sell Agreement Planning for Business Owners As a business owner, ensuring the long-term success and continuity of your enterprise is usually at the very top of the list of priorities. One of the essentials that can help you achieve this goal is effective buy-sell planning. This article delves into the significance of buy-sell planning for business owners and highlights the key strategies…

How do I make the most of my BP retirement benefits? As one of the most lucrative positions in the oil and gas industry, BP executives enjoy exceptional employee benefits. However, navigating these offerings can be overwhelming, even for high-level executives. From cash compensation and severance packages to stock options and bonuses, the array of benefits can be daunting to navigate—especially anticipating…

Private Equity Due Diligence Process Private equity investments offer the potential for significant returns, but they also carry a considerable amount of risk. Therefore, conducting a thorough due diligence process is crucial to evaluate the viability and suitability of these opportunities. We have constructed a robust infrastructure that allows us to bring private equity opportunities directly to…

As today's top federal estate tax rate, or "death tax," currently tops out at 40%, proactive planning is needed for high-net-worth individuals who want to avoid nearly half of their estate going to taxes rather than their heirs upon death.1 With sizeable estate tax exemptions currently set to expire on December 31, 2025, combined with today's historically attractive tax rates, there has never been…

Private equity investments can be an attractive option for investors looking to diversify their portfolios and potentially earn higher returns. However, before jumping into this type of investment, it's critical to consider whether it's the right choice for your individual financial goals and risk tolerance. What are the pros of private equity investing? Higher potential returns: Private equity investments…

The recent collapses of Silicon Valley Bank (SVB) and Signature Bank (Signature) resulted in two of the three biggest bank collapses in U.S. history, behind the 2008 collapse of Washington Mutual. This has created uncertainty over the stability and liquidity of all banks, especially for those with over $250,000 FDIC limits in a single institution—including many small businesses needing liquidity for…