It is always wise to know who and what you are up against, and, who is in your corner. It is always good to have a good hole card you can count on.
When it comes to the IRS and paying your taxes or especially taking some aggressive positions and related tax deductions that is not a good time to bluff.
No you need to be holding all the cards and a good hole card you can count on.
In poker, a Royal Flush is an unbeatable hand. But it takes all five cards - the exact right five cards - to make an unbeatable hand. If just one card is missing, you have nothing - you lose.
As mentioned before, in business, you can often get by if you have enough skill, with only three of a kind. But when trying to make yacht ownership profitable - as you already know - it usually requires a stronger hand.
That is why we created YES Yacht Executive Solutions for yacht owners.
But we also realize some yacht owners, while financially successful up until now with only a pair of deuces, may now need to "draw some additional cards" other than just YES.
So for yacht owners that may want to add some other professionals with specific yachting experience, we suggest the following may be helpful as a starting point.
That if your current advisors knew, surely they'd have told you already- wouldn't they?