Insights

Insights
CJBS

MARKET CRASH OFFERS ESTATE PLANNING OPPORTUNITY

By: Donald J. Schaffer, CPA/ABV, CVA The stock market is down by more than a third, the real estate market has given up years of gains, your business is off from prior years’ performance, and the economic outlook is decidedly gloomy. But there is a silver lining for those whose estates are larger than the […]
January 22, 2009
1 MIN READ
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CJBS

THE LIMITED LIABILITY COMPANY STRUCTURE: IS IT HEAVEN OR HELL?

By: Larry Goldsmith, J.D., C.P.A., C.F.F.A. The limited liability company, or “LLC”, was first introduced in the State of Illinois in 1994 and is now well known and accepted in the market place and amongst professionals. Created to be a combination of a partnership and a corporation, the LLC grants its investors/equity holders, (known as […]
July 24, 2008
4 MIN READ
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CJBS

Alternatives to Bankruptcy: Business Survival in Tough Times

By: Larry Goldsmith, J.D., C.P.A., C.F.F.A. Partner at CJBS, LLC In these difficult economic times, there will be many businesses that will no longer be able to meet their current obligations. Their lenders will refuse to advance additional capital and the financial pressures will force the closely held business owner into Chapter 7 bankruptcy. There […]
July 3, 2008
5 MIN READ
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