Most business owners are reactive when it comes to having their businesses valued. But it sometimes pays to be proactive. Sometimes valuations are necessities, such as for determining the value of the business interest in an estate. Others are obtained for more elective reasons but are helpful to business owners nevertheless. Buy-Sell Agreements Can Achieve Non-Tax ObjectivesBuy-sell agreements offer…

When selling a business, there are some buyers who would be willing to pay a premium above the fair market value of the business on a controlling basis. These strategic (or synergistic) buyers might include competitors looking to build market share, joint venture partners who already understand the business model or players that are vertically…

Summer isn’t just for barbeques and baseball. It’s also a good time to think about ways to cut your 2023 business tax bill. Here are four planning ideas for small business owners to consider, assuming there won’t be any changes to current federal tax laws at least through 2024. Which Purchases Are Eligible for Sec. 179…