World Class Mergers & Acquisitions | For Companies $5 Million to $250 Million in Revenue
Q: In 2013, what happens to the Estate and Gift Tax? A: In the event Congress does not act on the Estate and Gift tax exemption, the levels will revert back to $1,000,000 each. While it is likely Congress will…
Legacy Advisors is pleased to announce the latest expansion our professional service offerings. Mike Ertel, Managing Director/ Broker of Legacy M&A Advisors, LLC, is now affiliated as a registered rep with StillPoint Capital, LLC, an international investment banking firm serving…
Introduction Along with deciding to engage in business succession planning and finding a successor, it is necessary to value a business. A valuation is necessary whether the business is to be transferred to an heir or third party or for…
The Tax Court ruled that a minority interest discount and lack of marketability discount applied to the valuation of a family limited partnership (FLP) interest. In the case, the decedent, daughter, and son-in law formed an FLP and a limited…
Q: When the Budget Control Act of 2011 passed, were any tax provisions included within it? A: A full read of the text has not revealed any new tax provisions within the law. However, it is apparent that this act…
Selling a business is something that most business owners will only attempt once in their career. With an estimated 70% – 90% of their total net worth tied up in their business, they can’t afford to make a costly mistake,…
Introduction How are you going to end the relationship with your business? Believe it or not, that day will come. Fortunately, you have a number of options to plan your exit and watch your legacy continue. Four good, viable options…
In a Tax Court decision, it was decided that an individual was not eligible for losses stemming from an S corporation because he declared bankruptcy. In the case at hand, the taxpayer filled bankruptcy near year-end. The taxpayer then attempted…
Q: I am planning on buying a large piece of equipment, is there anyway I could deduct the cost of this equipment rapidly? A: Yes. If the equipment is new, “bonus” depreciation can be taken against the asset. Additionally, regardless…
Most buyers are eager to “make their mark” once they’ve acquired a business. But unless the business is losing money, or employees and customers alike despised the previous owner, it is generally a mistake for a new owner to make…