Private Equity Financing of Renewable Energy Projects

Jack Prot

Introduction The current interest in renewable energy has escalated greatly. Now, private equity firms are taking much interest in investing in only renewable energy projects. This is also under the backdrop of the need to acquire more energy resources by the various giants of the world. Still, the recent credit […]

Autozone Franchise Review

Jack Prot

AutoZone is a retailer and distributor of automotive spare parts and accessories. The company is located in Memphis, Tennessee. It is a well established brand in the market place, providing franchise store with instantaneous recognition as the ‘Automotive Store of Choice’ in their area. The company has an access to […]

Filing Bankruptcy Petitions and Schedules

Jack Prot

Official forms as well as local forms are used to file for bankruptcy and include both the petition and schedules. All must be filed as completely and accurately as possible. The petition is used with all bankruptcy chapters and you are required to disclose previous bankruptcy filings, the certification of […]

Kiddie Tax Rules and Planning Strategies

Jack Prot

At one time, long, long ago, a common tax strategy was to shift investment income from a parent to their child (children) to take advantage of the child’s (children) lower tax bracket/rate. This planning strategy was eliminated with the introduction of the kiddie tax. Like every other stopgap measure, CPAs […]

Foreign Investment in Real Property Tax Act

Jack Prot

In 1980, Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA), 26 U.S.C.S. 1445. The law provides that if a seller of real property is a “foreign person,” the buyer must withhold a tax equal to 10% of the gross purchase price, unless an exemption applies under the […]

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