closely held business

one-day note

Selling a Business? The One-Day Note Could Save Significant Dollars at Tax Time

There are many reasons why entrepreneurs may decide to sell their business.  Some build with the intent to sell, others decide to sell their business because there is no one…

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normalizing adjustments

Benchmarking: Why Normalizing Adjustments are Essential

Financial statements aren’t particularly meaningful without a relevant basis of comparison. There are two types of “benchmarks” that a company’s financials can be compared to — its own historical performance…

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closely-held business tax releif

Do You Own a Closely-Held Family Business?

Sec. 6166 may help ease the sting of estate taxes Assets such as an illiquid closely-held business can pose unique estate planning challenges. Indeed, even with the gift and estate…

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estate planning and succession planning

Estate Planning and Business Succession Planning

The lines blur when a family business comes into play For many business owners, estate planning and succession planning go hand in hand. If you’re the owner of a closely…

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