Basic Tax Considerations When Buying a Business
During the last couple months, I have had a surge of business purchases or sales. I thought this would be a good time to share some basic observations about the tax implications of buying or selling a business. The video below will provide you with some pluses and minuses, from a tax perspective, of buying […]
If You Plan to Have Partners in Your New Business …
Starting a new business often requires building a team of people for the business. Some may be outside consultants, like an accountant, a lawyer and an insurance agent. But other people may partner with you in running your business. It’s easier to build something new when you have the help and experience of one or […]
“It’s Always Best to Start at the Beginning” – Setting Up a Business Entity
For my first blog post, let’s start with the first thing that every business owner should consider – setting up a business entity when you start a new company. What do I mean by “a business entity”? I mean setting up a corporation or a limited liability company (“LLC”) as the formal structure of your […]