Archives for September 2023

You’ve got a little bit of time until month-end close and a month or two until year-end obligations. It’s a good moment to take a breath … but this is also the time to start thinking about what you want next year to look like, before getting into the weeds of year-end obligations. If you want help getting the ball rolling on a plan, give me a call: https://calendly.com/corbette/15-minute-prospect-intro-callhttps://calendly.com/d/46r-49m-93k/10-minute-intro-call As… Read More

Before I get into the slippery slope I’m referring to, how are things for you these days? How’s business going?  I’d love to hear an update… so click the email at the top of the page and send me a note to let me know. And on that note, I’d also love to hear if there are other ways we could serve you and your Fulton County business, right now. Decisions… Read More

There’s no better way to celebrate work than by taking a day off. The irony of the Labor Day holiday gets me every year, but I do hope that it provided a little extra rest on the front end of a busy fall season. I mentioned in one of my recent notes another piece of irony: how Zoom recently started requiring their employees to come back to the office. Where are… Read More

Private Foundations and Public Charities differ of public involvement. Public Charities usually receive most of their donations from the general public or government and taxpayers can usually deduct 20% to 60% of their adjusted gross income for charitable donations. Private Foundations can provide an  IMMEDIATE tax deduction of up to 30 percent of adjusted gross income for cash gifts and up to 20 percent of adjusted gross income for long-term appreciated publicly… Read More

Umbrella Partnership Real Estate Investment Trusts (UPREIT) allows property owners to exchange their property for share ownership in an UPREIT, usually  are subject to Internal Revenue Code (IRC) Section 721 exchanges and are deemed a REIT under standard accounting and tax practices.  If you opt in to an UPREIT property, you will be able to defer taxes on the sale of a property in exchange for UPREIT units. This is… Read More

There is an old saying: Invest in land because they aren’t making more of it. The Super Wealthy have taken that strategy to heart with staggering land ownership  statistics such as: John Malone 2.2 million acres The Emmerson Family 2.078 million acres Ted Turner 2 million acres Huge land holdings are generally a combination of farmland, ranch land, and timber land. Many of those holdings are subdivided into business holdings… Read More