What are the tax implications of buying or selling a business?
Merger and acquisition activity in many industries slowed during 2020 due to COVID-19. But analysts expect it to improve in 2021 as the country comes out of the pandemic. If you are considering buying or selling another business, it’s important to understand the tax implications. Two ways to arrange a deal Under current tax law,…
Read MoreDeciding whether a merger or acquisition is the right move
Merging with, or acquiring, another company is one of the best ways to grow rapidly. You might be able to significantly boost revenue, literally overnight, by acquiring another business. In contrast, achieving a comparable rate of growth organically — by increasing sales of existing products and services or adding new product and service lines —…
Read MoreGeorge D. Forsythe,
Biography George has over 25 years of experience and serves as the Managing Partner of WellsColeman. George is a seasoned advisor to small and medium-sized businesses and their owners. George’s passion is inspiring small and medium-sized business leaders to achieve extraordinary results through strategic coaching. His clients benefit from his expertise in business lifecycle advisory…
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