While we help business owners prepare for success, we must also help them be prepared for adverse circumstances j- and to think ahead to how they want to transfer their business to others someday in the future.
Bad things can and do happen to even very devoted and very skilled business operators, and having contingency plans is a vital aspect of owning a business.
When children are in lower tax brackets than the business owner, gifting of business interests can shift income to them.
Every single business will go through a transition – a sale, a transition to the next generation, or a liquidation. It’s never to soon to prepare for any of those possibilities….
With a key part of business planning being succession planning,an ESOP can provide a very viable solution for many business owners.
We want to help our business clients understand the Employee retention credits available as part of the CARES Act.
SECURE 2.0 legislation offers many opportunities for employers to offer retirement planning benefits to employees and also benefit their own bottom line….
Second-to-die insurance solves a number of estate planning problems for couples, preserving assets and assisting in business transfers.n
Selling a business involves many considerations, including doing the right thing for employees, partners, and family members.
Business owners need to anticipate future contingencies and insure against risks in order to protect both family members and co workers.
