buying business assets Archives

Tax Tips for Asset Purchases When Buying a Business

Posted on May 21, 2024 by Rachael McGrew

After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you’re buying a business, you want the best results possible after taxes. You can potentially structure the purchase in two ways: Buy the assets of the business, or Buy the seller’s entity ownership interest if the target

There’s Still Time to Reduce your 2019 Tax Liability

Posted on December 17, 2019 by Andrew Litchford

Don’t let the holiday rush keep you from taking some important steps to reduce your 2019 tax liability. You still have time to execute a few strategies.

Buying or Selling a Business: How to Allocate Assets

Posted on July 11, 2019 by Andrew Litchford

If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition — it’s important that both parties report the transaction to the IRS in the same way.