The Truth About Wealth

Increasing Tax Efficiency and Asset Protection Through MSOs with Doug Dickey (Ep. 123)

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How can Management Services Organizations (MSOs) enhance tax efficiency and asset protection for businesses?

Today on The Truth About Wealth, John and Michael Parise welcome back Doug Dickey, CPA, CEPA, Manager, and Shareholder at DRDA, PLLC, for a conversation about the intricacies of management services organizations (MSOs). 

Doug provides a comprehensive explanation of MSOs, detailing their origins in asset protection and their evolution to include tax efficiency and increased purchasing power. He also emphasizes the importance of proper entity structuring to safeguard assets and avoid piercing the corporate veil. 

Key points include:

  • What are Management Services Organizations (MSOs)
  • The use of MSOs in tax efficiency and asset protection
  • IRS’s perspective on MSOs and creative ways clients can use MSOs for tax and cash flow advantages
  • Advantages of using a C corporation structure for real estate ownership
  • The importance of working with the right team
  • Estate planning concepts and transfer of wealth for multiple generations using C corporations
  • And more!

    • Resources:

    • Is a C Corporation Right for You? with Doug Dickey (Ep. 122)

      • Connect with Doug Dickey: 

      • DRDA, PLLC
      • LinkedIn: DRDA, PLLC
      • LinkedIn: Doug Dickey
      • [email protected]
      • 281-954-6001

        • Connect with John and Michael Parise:

        • 856-988-8300
        • Copper Beech Financial Group
        • LinkedIn: John Parise 
        • LinkedIn: Michael Parise 
        • LinkedIn: Copper Beech Financial Group, LLC
        • Facebook: Copper Beech Financial Group, LLC
          • ...more
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