We’ve all heard the phrase that the “whole is greater than the sum of its parts.” But you might not know this theory can apply when valuing business interests.Control Is ValuableWhen a publicly traded business is acquired in the whole by an outside buyer, it’s often purchased for a greater value on a per share basis…
News
Chart a Tax Course for Business Travel
Are you planning to take a business trip this summer? If your destination is known for its cultural or recreational attractions, you might want to combine some leisure with your business activities. You still may be able to enjoy plenty of tax benefits from the trip — if you stick to a strict tax itinerary. The…
Dynasty Trusts Can Help You Leave a Generations-Spanning Legacy
Trusts generally are used to reduce tax and help individuals leave wealth to their loved ones. But most trusts don’t last forever and applicable taxes may discourage trust owners from leaving wealth to generations beyond, say, their grandchildren. However, a dynasty trust is different in that it specifically enables a wealthy family to arrange for a…