Business Broker in Florida - Sell a Company in Florida

May 1, 2009

Tax Court Partially Upholds Discounts Taken in Valuing Business Interests for Estate Tax Purposes

The Tax Court has partially upheld the discounts applied in the valuation of two closely held companies for estate tax purposes. In the case, when the decedent died she held a 43% interest and 23% interest in two closely held…

May 1, 2009

Mergers & Acquisition FAQ – May 2009

Q: Does a down economy affect business succession planning? A: For the most part, it can be advantageous to start a succession plan during a down economy or even sell a business interest to a succeeding generation. During recessions, business…

April 1, 2009

The Major Pitfalls in Selling A Business – No. 3 – Allowing Emotion to Overrule Reason

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,…

April 1, 2009

Getting Financing in Tough Times

Introduction If you’ve paid any attention at all to the news recently, you are well aware of the country’s current credit crises. The gross liquidity that was available just a few short years ago, to nearly any borrower is now…

April 1, 2009

Appeals Court Holds Business Owner Criminally Liable for Payroll Taxes Even Though Taxpayer May Have Lacked Funds To Do So

The Ninth Circuit Court of Appeals upheld a taxpayer’s criminal liability for payroll taxes, holding that the government did not have to prove that the taxpayer had the ability to pay such taxes. The taxpayer in this case managed nursing…

April 1, 2009

Mergers & Acquisition FAQ – April 2009

Q: My wife and I run a business together, how must we file our taxes? A: If only one spouse owns the business and the other works as an employee, then you may file as a sole proprietorship under Schedule…

March 1, 2009

The Major Pitfalls in Selling A Business – No. 2 Not Understanding the Selling Process

March 1, 2009

Taking Capital Losses

Introduction Lately, the stock markets have been battered by news of recession, low earnings, unemployment numbers, negative leading indicators, and other bad economic news. This has lead to substantial capital losses for most investors across the investment spectrum. Those holding…

March 1, 2009

Tax Court Holds Valuation of Interest in Privately Held Corporation May Be Properly Discounted for Lack of Control, Lack of Marketability and Built In Capital Gains

The Tax Court held that the value of a decedent’s interest in a closely-held corporation was properly calculated by using discounts to reflect lack of control, marketability, and built in capital gains. The decedent owned a very small minority interest…

March 1, 2009

Mergers & Acquisition FAQ – March 2009

Q: What is new concerning the tax laws in 2009? A: While a blanket statement cannot be made, there are some notable changes for business owners and individuals: 1) The gift exemption amount raises from $12,000 per year, per person…

Tax Court Partially Upholds Discounts Taken in Valuing Business Interests for Estate Tax Purposes

Mergers & Acquisition FAQ – May 2009

The Major Pitfalls in Selling A Business – No. 3 – Allowing Emotion to Overrule Reason

Getting Financing in Tough Times

Appeals Court Holds Business Owner Criminally Liable for Payroll Taxes Even Though Taxpayer May Have Lacked Funds To Do So

Mergers & Acquisition FAQ – April 2009

The Major Pitfalls in Selling A Business – No. 2 Not Understanding the Selling Process

Taking Capital Losses

Tax Court Holds Valuation of Interest in Privately Held Corporation May Be Properly Discounted for Lack of Control, Lack of Marketability and Built In Capital Gains

Mergers & Acquisition FAQ – March 2009

The Top Reasons Why You Need to Know the Value of Your Business

To Sell or Not to Sell

What to Expect from the Due Diligence Process