This webinar will go over Real Estate Partnerships with Conservation Easement Potential, which creates the possibility to protect America’s precious lands and wildlife species from commercial development.
We will also discuss the Restricted Property Trust as a fully discriminatory employee benefit plan that provides a 100% corporate tax deduction on the front end while providing the owner with the cash value/death benefit of a whole life policy. On the back end, this insurance policy offers the client a tax-exempt stream of supplemental income and a death benefit. This solution is highly effective for business owners.
Finally, we will go over the R&D Tax Credit, one of the least known and underclaimed incentives available to U.S. businesses. We will discuss qualifying research activities and provide specific examples.
Thomas Folsom is the Managing Director and Country Manager of Ayming USA. For over fifteen years, Mr. Folsom has managed and implemented hundreds of R&D Tax Credit studies, including state and federal audits, to offer clients an unrivaled knowledge in the application of R&D law.
From boutique consultancies to large accounting firms, Mr. Folsom has worked with and represented Fortune 500 companies and small-medium-sized businesses across various industries.
In addition to these duties, Thomas is licensed to practice law in several states and federal jurisdictions, including the United States Tax Court. He was a core member of the team that developed the strategy and won U.S. v. McFerrin and other central cases that would influence an update of code and regulation to expand qualifications for the credit that we still see today.
He joined Ayming USA in March of 2019 and leads a countrywide team of professionals based in Houston, Boston, Ohio, New York, and LA.
Prominent Litigation Matters and Events
Thomas has been a part of:
Michael Engelhart has proven to be a highly effective wealth strategist for some of the country’s most successful individuals, investors, and businesses. He helps high net worth individuals and business owners reduce income & capital gains taxes and accumulate tax-exempt income.
Michael has 25 years of experience as an entrepreneur, business leader, insurance executive, and advisor to public and private companies. He has served in leadership roles in strategy, sales, and marketing. Since 2010, Michael has specialized in insuring human capital risk, business succession planning, wealth transfer planning, and developing and implementing strategies that promote and accelerate enterprise growth. He has advised companies across a broad spectrum of industries, including financial services, consumer products, collectibles, wellness, nutraceuticals, consumer products, life sciences, public utilities, and not-for-profits.