We’ve been able to demonstrate how landowners can reduce their tax liability significantly through a structured bonus.
Newport Beach, California (PRWEB) August 10, 2011
With the country’s energy demands evolving, domestic mineral exploration is on the rise creating financial windfalls for many landowners. In addition to potential royalties, most landowners receive an upfront bonus payment for access to their land. These one-time payments can be quite substantial, but they almost always catapult the landowner into the highest possible tax bracket for a single year.
“It’s not uncommon for taxpayers to discover they are required to pay 50% of their bonus to the government in taxes,” cautions Dan Finn, a structured settlement expert based in Newport Beach, California. “We’ve been able to demonstrate how landowners can reduce their tax liability significantly through a structured bonus.”
With a Structured Oil & Gas Lease Bonus Payment Option offered by the Finn Financial Group, landowners can take advantage of IRS Revenue Ruling 68-606 by spreading out a bonus payment over a number of years.
By ‘structuring’ a bonus, a landowner can:
- Reduce their tax liability keeping more of what they are being paid;
- Earn pre-tax interest accumulation to be paid in the future as they choose;
- Design a customized payment plan to meet a variety of anticipated future needs including a retirement supplement, college for children or grandchildren, and even future anticipated purchases (cars, homes, vacations, etc.).
“All future payments from the structured bonus are guaranteed by a Fortune 100 company, and there is no cost to the landowner whatsoever,” said Finn. “No out of pocket expense and no management fees…ever. We get paid by the company accepting your structure if and only if you decide this option makes sense for the owner of the land.”
For more information about how The Finn Financial Group can assist you, visit http://www.MyStructuredLeaseBonus.com.
About The Finn Financial Group:
With over 20 years of experience in structured payments, the Finn Financial Group is a full-service, specialty-planning firm with a commitment to protecting the long-term financial stability of its clients. Their diligent work has resulted in a long list of satisfied clients across all lines of advocacy and a high degree of trust. CEO Dan Finn has earned a reputation for his caring approach with people combined with a focus on due diligence, accuracy, consistency, and fairness across all lines of advocacy.