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Illiquid Assets – Donating and Appraising Promissory Notes, A Tax-Efficient Plan

Illiquid Assets – Donating and Appraising Promissory Notes, A Tax-Efficient Plan

Get a Tax Deduction for Donating a Non-Cash Asset-Promissory Note Donations Illiquid Financial Asset A financial asset that is difficult to sell because of its expense, lack of interested buyers, or some other reason is called “illiquid”. Examples of illiquid assets include: Restricted and private stock, LLC and limited partnership interests, deeds and mortgages, promissory…

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Volunteer Fire Department Financing –  How to Ensure You Qualify For a Low, Tax-exempt Interest Rate

Volunteer Fire Department Financing – How to Ensure You Qualify For a Low, Tax-exempt Interest Rate

Why can volunteer fire departments borrow on low, tax-exempt interest rates? The IRS laws provide a nice benefit for volunteer fire departments. It provides the ability to borrow money at low, tax-exempt interest rates just like your local government. But the IRS has some rules to follow in exchange for providing this benefit and these…

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The Basics of a Maxicom Central Control Irrigaiton System and How It Results in Major Water Savings

The Basics of a Maxicom Central Control Irrigaiton System and How It Results in Major Water Savings

Maxicom is an irrigation central control system manufactured by Rainbird Corporation. It has been on the market for over 20 years and is still considered the benchmark against which competing products are compared. Maxicom is a combination of PC-based software housed at a central location that communicates, controls and monitors a myriad of hardware devices….

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Brand Equity

Brand Equity

Brand equity can be defined in many different ways. I have developed a simple, yet powerful, definition of brand equity. For a brand to be strong it must accomplish two things over time: retain current customers and attract new ones. To the extent a brand does these things well, it grows stronger versus competition, and…

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