by Jim Daloisio, Director of Legal Services at Torchlight Tax. One lawsuit or IRS levy can wipe out what’s sitting in your personal bank account—fast. Let’s talk about why your personal bank account is such an easy target, and how structure changes the game. When...
by Jim Daloisio, Director of Legal Services at Torchlight Tax One lawsuit or IRS levy can wipe out what’s sitting in your personal bank account—fast. Let’s talk about why your personal bank account is such an easy target, and how structure changes the game. When money...
By Jim Deloisio, Director of Legal Services for Torchlight Tax. Thinking of setting up an anonymous LLC and wondering how to open a bank account when your name isn’t publicly listed? Some people worry that if their name doesn’t appear on the Secretary of State’s...
by Dave Horwedel, EA and CEO of Torchlight Tax A new federal tax law, signed into effect on July 3, 2025, brings a range of changes that impact individuals, businesses, and investors. Some provisions are modest adjustments, while others introduce new opportunities and...
By Jim Daloisio, Director of Legal Services at Torchlight Tax If you're thinking about divorce, it’s essential to prepare for the financial separation that comes with it. This includes dividing any assets gained during the marriage and, if children are involved,...
by Jim Daloisio, Esq. There is a lot of misinformation on foreign asset protection trusts (FAPTs). Movies portraying criminals utilizing offshore banking and offshore trusts for fraudulent purposes can promote a false impression. Mobsters and drug cartels sometimes...
by Dave Horwedel, EA, CEO of Torchlight Tax Reportedly, 40 million lawsuits are filed in America every year. This makes asset protection a high priority for Americans who wants to live well and keep and expand their assets. This is Dave Horwedel, CEO of Torchlight Tax...
By Dave Horwedel, the CEO of Torchlight and GuardDog Tax. Millions of Americans are worried about protecting their assets, or SHOULD BE. 100 million lawsuits are reportedly filed in America annually. There are only about 132 million households in America. That is...
By Dave Horwedel, EA, CEO of Torchlight and GuardDog Tax A federal district court in Alabama held that the Corporate Transparency Act (CTA), P.L. 116-283, which requires the reporting of Beneficial Ownership Information (BOI) by businesses, is unconstitutional. No...