Bookkeeping, tax, and financial consulting is what we do. We can educate business owners as to how to read and interpret financial data and plan for the future. We can determine the business' value and negotiate mergers and acquisitions as well as structure for the best tax impact.
If your business is planning a sale in the future, start getting ready now. Know the value of your company and start pondering the tax structure to minimize income tax exposure. Make sure that your business is in compliance with tax laws, both federal and state, the due diligence process should begin right now.
If you are planning to buy a business, calculate the value and make sure that it is in compliance with tax laws before you sign.
Remember, you can do whatever you want, but my way is better!
Ron Piner, CPA