Top of the News

Tax tips when buying the assets of a business

(Date posted: May 24, 2024)

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:

  1. Buy the assets of the business, or
  2. Buy the seller’s entity ownership interest if the target business is operated as a corporation, partnership or LLC.

In this article, we’re going to focus on buying assets.

Continue reading

Miscellaneous Deductions Can Cut Taxes

(Date posted: November 18, 2014)

You may be able to deduct certain miscellaneous costs you pay during the year. Examples include employee expenses and fees you pay for tax advice. If you itemize, these deductions could lower your tax bill.   Continue reading

Top of the News

Sign-up for our newsletters

Subscribe to RSS