Ed LLoyd & Associates
The artist forever to be remembered as Prince shocked the world with his unexpected death last month at his Paisley Park compound outside Minneapolis. As is often the case when legendary musicians pass away, his album sales have soared. Fellow artists from Bruce Springsteen to the cast of the Broadway smash Hamilton quickly honored the seven-time Grammy award winner with their own versions of his iconic hits. But it’s just a matter of time before the gritty realities of settling an estate intrude on the purple rain of praise . . . and that includes the gritty reality of taxes.

Like many chart-toppers, Prince was a control freak when it came to his sound and his career. Apparently, though, that planning didn’t extend to his finances — last week, his sister filed papers with a Minnesota state court revealing he had left no will.

So who gets the assets, and just how much are we talking here? Well, Prince had no wife when he died, and his parents had already passed away. Under Minnesota law, that means his sister and five half-siblings stand to inherit his fortune. Most reports estimate there will be around $300 million to share . . . which should be enough to keep everyone rolling in little red corvettes for the rest of their lives.

Of course, that assumes that everything goes by the book. Already there are reports of would-be love children slithering out of the shadows, and Prince’s half-brother Alfred has hired an attorney to represent him after being barred from last week’s memorial. That may mean it’s the accountants and attorneys who get to party like it’s 1999.

Settling the estate without tearing it apart is just half the battle. That $300 million comes before taxes. The IRS takes 40% of everything above $5.45 million. The Gopher State takes another 16% of everything over $1.6 million. A little fourth-grade arithmetic suggests the tax man can go crazy with $150 million or more.

We can probably expect a fight over the exact amount due. Estate taxes are based on valuation, not income. So who’s to say what Prince’s name and image are “worth”? What about a vault of 2,000 unrecorded songs? What about the unpronounceable “love symbol” he adopted instead of a name to spite his record label? How much would Pepsi pay to make a commercial starring a holographic image?

That’s all before the tax man takes a bite out of the millions more in future royalties that his estate will certainly earn. Prince’s rival Michael Jackson earned $115 million last year, despite dying way back in 2009. Elvis Presley hasn’t recorded since Jimmy Carter was President, yet his estate earned $55 million last year thanks to ticket sales at his Graceland mansion. No one remembers the last time Elizabeth Taylor performed without embarrassing herself, yet her estate earned $20 million last year from her fragrance line. It’s enough to make you think that dying is just some sort of extreme viral marketing stunt.

The good news, at least for Prince’s heirs, is that he was rich enough to survive his failure to plan. But are you? Failing to plan for your legacy can be the most expensive mistake you ever make, and could throw your heirs into years of struggle and grief. So call us to help make sure that doesn’t happen!


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Ed Lloyd and Associates, PLLC is an assessment master firm giving its administrations in bookkeeping and improvement of business. Built up in 1994, the overseeing executive of the firm is Ed Lloyd, who by and by comprehends the requirements of his customers in various circumstances. He holds a level of B.S in Accounting. Other than this, he has a permit as a Certified Public Accountant (CPA) from the North Carolina State Board of Examiners, Personal Financial Specialist (PFS) from the American Institute of Certified Public Accountants and Certified Tax Coach (CTC). Find more information on Ed Lloyd And Associates On YouTube.

The firm aptitude in planning charge systems to offer you some assistance with minimizing your assessment. The exceptionally capable experts at Ed Lloyd CPA make proactive arrangements for decreasing duty. They additionally help with bookkeeping administrations and readiness of assessment Get more information on Ed Lloyd & Associates, PLLC Charlotte, NC reviews on YellowPages.com

Contracting Ed Lloyd and Associates the best choice for your firm, Not only this, they additionally offer a sharp leave procedure for your business and redesign your retirement elective amazingly. The strange evaluation frameworks embraced by them have helped associations in Charlotte, NC and all through the United States, by bolster them in dealing with their working cost mindfully.

They are a Charlotte firm that offer arrangements for business holder everywhere throughout the US to build up their industry and cut their benefits charges. To build up your business, you require an arrangement. To minimize your charges, you require an arrangement. You require ideas and methodologies that leave more on your gauge. Lloyd and Associates has the assets to transform your arrangements into reality.


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Ed Lloyd CPA,Certified Tax Coach Charlotte Love his energy and his ability and longing to get in the trench to whole things. Begun working through Ed Lloyd as an advisor for business & people exceptionally happy to have his locally accessible on my group. Extremely suggested to all business owners. It is a common approach to contact a CPA when people require help with tax research and are upset with the absence of the proper advices to take a correct step. It is in such condition, that organization like Ed Lloyd & Associates PLLC: One of the best Financial Advisors in Charlotte comes to the save of people. As they have sufficient practical knowledge in dealing with different types of business exercises in the finest possible way, they serve as an ideal tax saving associate of their customers. They follow an elite strategy where they initial concentrate on tax planning, and then move to office administrations and lawful documentation, and finally they manage their clients’ tax research.

You need more than someone who will come in towards the end and just record the historical backdrop of what happen over the earlier year. You need somebody who represents great authority in accounting services and tax cut procedures, who has your extended term engages as a main concern and can help you make a plan to appropriately track your way of thinking, lessen your pay charges, dodge luxurious reviews, set up your appraisal and offer you with a comprehensive guide to build your riches.


 

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Ed Lloyd & Associates, PLLC

Running a business has become really difficult nowadays. There is so much competition that every company has to reduce their margins in order to attract customers. And there are so many essential expenses like marketing and maintenance that it becomes hard for the owner to save any money from the business. The only way out of this is to manage the finances well. Of course while running the company it is hard to put any time into finances. Thus, you should hire a financial advisor. There must be numerous good firms in your region, but you should not settle for anyone less than the best. It will take a little time to find the best one, but once you have you will not have to worry about it ever again. Or you can directly hire a well reputed firm like Ed Lloyd & Associates.

Ed Lloyd, the managing director of Ed Lloyd & Associates, is a certified public accountant. He got his degree of B.S. in accounting and worked in the field for a couple years to gain experience. He then established his own firm in 1994. Today his firm has several talented experts, just like him. If you are wondering whether hiring Ed Lloyd & Associates the best decision for your firm or not.

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You should read the latest tweets from Ed Lloyd CPA. That will tell you how good he is at what he does. And to get a firsthand experience of his expertise, you should set a meet and discuss your finance.


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Finance is something that needs to be part of everyone’s life. People from around the world need to make sure that they are managing their finances better and are leading an amazing life. In the contemporary world, it is important to ensure that people are acquiring the best of insurances and wealth management services for the acquisition of a future that is safe and healthier. A properly managed account and finance is going to propel you into the direction of development and will also bring financial security into your life.

Ed Lloyd & Associates, PLLC is here to manage your finances; they are going to make it easier for you to make the most of the time and tide. You will be able to lead a financially secure life with a proper financial manager in the world. There are amazing opportunities lying for the people who all are making the best use of the time and tide for the management of finances and a better tomorrow. The world is in dire need of financial security, people need to acquire the best of these and lead a better tomorrow. There are chances that people are losing a lot of money in share market but if you are adamant about the efforts and management then you will be able to make the most of every opportunity.

View all of Ed Lloyd And Associates, PLLC’s Presentations and understand their world better. You will be able to see your financially secure future in front of your eyes and it will simplify your lives.


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Ed Lloyd & Associates, PLLC is CPA firm based in Charlotte, North Carolina. America’s Tax Coach with Ed Lloyd CPA, have your long term interests in mind and can help you reduce your income taxes and avoid IRS audits. The firm shows you how to document your business expenses properly, give an exit policy for your business and reduce any risks in auditing.

Ed Lloyd and his team render a vast and detailed range of tax services to their clients which include:

Strategic Tax Planning – They prepare a tax plan that aims at reducing the amount a client needs to pay as tax. They make sure that the clients claim all the deductions eligible for them.

They help the clients to do so by:

  • Helping the client to organize the business, there is provision for protection of assets, reduction of taxes and reduction of the risks in audit.
  • Explaining to his employees and clients the advantages of the benefit plans that are available.
  • Recording all the deductions that a client is eligible for.
  • Guiding the client about the tax deductions that he is eligible for under the tax code of the country.

Ed Lloyd CPA help their clients prepare the projections necessary for taxation thus ensuring that the tax payments estimated for them are correct. Accounting services include:

  • Financial Statements on a monthly and quarterly basis.
  • Helping in managing the financial statements, auditing and compiling.
  • Developing an accounting system.
  • Book keeping and training.
  • Preparing the financial performance review which helps the clients to understand the performance and progress of their business.
  • They help their clients in preparing tax return documents.

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Why Ed Lloyd CPA for your Business?

Ed Lloyd CPA is a certified public accountant having years of experience in the field of accounting and tax planning. He has picked up a high excellence in accounting as well as tax planning fields. He has successfully won the belief of various regarded business names by offering them top-class bookkeeping and tax planning services that are particularly customized according to their novel prerequisites.

Ed Lloyd CPA, PFS, CTC – Certified Tax Coach has immense knowledge about the taxation laws and can help you comply with them to ward off taxation troubles. He is considered as one of the trusted sources from where you can obtain a top-class accounting and tax planning services in the United States.

Ed Lloyd & Associates – A Reputed CPA Firm

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Ed Lloyd CPA owns a business – Ed Lloyd & Associates, PLLC- a firm that specializes in delivering high quality accounting, auditing and tax planning services in the Charlotte region. The financial data provided by the team Ed Lloyd CPA help the business owners to monitor and evaluate their performance during different parts of the year and take necessary steps to optimize the performance of their company in the coming times. At no point of time, he feels like winding up the things, but pay adequate attention and care to deliver top-notch services that guarantees to give your business a competitive edge.

If you have not consulted the professionals of Ed Lloyd CPA, PFS, CTC yet, then get in touch with them now and give your business a competitive edge. They are just like your true partners who would not leave you at the time of need.


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Best Charlotte-Based CPA Firm

Ed Lloyd & Associates, PLLC –The Ultimate Tax Planning and Accounting Firm is a dexterous and experienced accountant and tax planner from the United States who has been delivering exceptional financial services to the businesses and individuals. He has greatly and efficiently handled all the accounting needs of each of his clients in a very professional manner. He is an extremely knowledgeable accountant who has deep cognition about every single aspect of taxation and accounting. He owns a company – Ed Lloyd & Associates that deliver specialized accounting and tax planning services in the United States. It is a Charlotte-based company that has been providing a wide assortment of financial services to the businesses.edlloydcpa

America’s Tax Coach with Ed Lloyd CPA has a team of some highly experienced, professional and knowledgeable professionals who are well-acquainted with the nuances of tax planning and accounting. They have been delivering impeccable financial services meeting the highest standards of quality. Ed Lloyd can help you sort out all the financial troubles. He can help you in preparing the yearly taxes and can also assist you in managing and maintaining your accounts on a daily basis.

Know How CPA Ed Lloyd Implemented NEW Tax Planning Consultations to Earn $20,000 Clients? If you want to give your business a competitive edge, then make no delays and immediately get in touch with the professionals of Ed Lloyd & Associates PLLC. They can help you take your business on the right track without making a hole in your pocket. They are just like your true partners who would walk the entire process of tax planning and accounting with you and ensure you get the best value of your hard earned money.


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Accounting & Tax Planning Services

Ed Lloyd & Associates is a firm specialized in providing accounting and tax planning services to the businesses, organizations and individuals. With years of experience in the field, the firm has become a number one choice for business owners to seek a quality accounting and tax planning services in the United States.

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The owner of the company- Ed Lloyd CPA is extremely efficient in his job and offers quality accounting and tax planning services. He has been handling the accounting and tax planning requirements of the organizations and business of the United State from last many years. Ed Lloyd CPA, PFS, CTC – Certified Tax Coach has immense knowledge about the taxation laws and can help you comply with them to ward off taxation trouble.

Trusting the professionals of Ed Lloyd & Associates is one of the wisest decisions that you are going to make in your life. They would not only shoulder off all your taxation hassles, but also manage and update your accounts on a regular basis so that you can get a clear picture of your accounts. Find Ed Lloyd And Associates, PLLC  –  Slideshare to see the latest slides and presentations.

Managing your accounts on a daily basis is crucial to keep a finger on the expenses made. As a business owner, it is important for you to know the exact financial position of your company so that you can take financial decisions regarding your company in an informed manner. If this is you are facing problems with, then contact the professionals of Ed Lloyd & Associates and they will be more than happy to assist you with their quality services.


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Ed Lloyd & Associates, PLLC

If you are looking for ways to minimize taxes, then your search ends with the reliable services of Ed Lloyd & Associates PLLC. They are one of the most entrusted firms since 1994 in the United States. Having an expertise in tax planning, accounting services, tax preparation, and many more, there are various benefits of hiring them.

It is a Charlotte-based firm delivering exceptional financial services that go far in instilling strength to the financial status of your company. Specialized accountants play a fundamental role in the commercial success of the business. By using their increasingly priceless understanding and knowledge they give their organizations or clients a competitive advantage. Read More →