World Class Mergers & Acquisitions | For Companies $5 Million to $250 Million in Revenue
Introduction Corporate records are one of those items that few people in business concern themselves with. The business owner is usually concerned with the here and now items such as making payroll, getting the jobs done, collecting receivables, and paying…
Q: I am the owner of an S Corporation. If in any given year I do not take any money out of the company, will I have to pay taxes on the income from the business? A: S Corporations are what…
This is the second of a two-part article adapted from a Jan 2011 INC. Magazine article of the same title. Every business owner spends some time negotiating, whether it is with customers, suppliers, investors, or would-be employees. Most business owners…
Family Limited Partnership The Ninth Circuit Court of Appeals confirmed a judgment from the Tax Court and took stood with a victory for the IRS. In the case fact pattern, a husband formed an LLC. The husband then funded the…
Introduction The leaves are turning, the temperatures are falling, and Christmas is only a couple months away. It is that time of year again! Many people don’t want to think about it, but (if you plan properly) the happiest time…
Q: I heard from a promoter that Family Limited Partnerships are the ideal way to set up a family business in most cases. Is this true? A: No. Many promoters push their product having very little knowledge of the subject content…
This is the first of a two-part article adapted from a Jan 2011 INC. Magazine article of the same title. Every business owner spends some time negotiating, whether it is with customers, suppliers, investors, or would-be employees. Most business owners…
Fracking In a Letter Ruling the IRS ruled that income from a hydraulic fracturing (fracking) activity is qualifying income for tax purposes when earned by a Publicly Traded Partnership. Under the Internal Revenue Code, a publicly traded partnership is treated…
Introduction In a time of transition in this country, it is unfortunate that the average small business owner knows little or nothing about valuing their business. Many believe they can take a multiple of their company’s annual profits (derived from…
Q: I am exchanging property in a 1031 “like-kind-exchange”. Can I exchange my one property for more than one property? A: Yes. As long as the property being exchanged is within the same class, you may exchange the property for more…