Buying or selling a business may be the most important transaction you ever make. So it’s important to seek professional tax advice as you negotiate. After a deal is done, it may be too late to get the best tax results. Continue reading to understand how taxes factor into a merger and acquisition transaction.
Author: Froehling Anderson
How Much Should I Increase My Prices Every Year?
Raising prices is essential (for any business) to stay competitive, but it’s not easy. Increasing it too much will lose your customers, and increasing it too little will make your business fall behind others in the market. Knowing how much to raise your prices, when to raise them and how to do it is essential for maintaining a profitable and well-run organization. Froehling Anderson shares some things to consider before raising your prices:
6 Steps to Executing Better Buy-Sell Agreements
Determining what an asset will cost you over its lifespan is an important part of building a budget. This is especially true when that asset is of high-value, such as a new piece of machinery or an expansion to your workspace. At Froehling Anderson, we can determine the immediate and long-term impact of that asset with capital budgeting.
Capital Budgeting: Comparing Short-term Vs. Long-term Costs
Determining what an asset will cost you over its lifespan is an important part of building a budget. This is especially true when that asset is of high-value, such as a new piece of machinery or an expansion to your workspace. At Froehling Anderson, we can determine the immediate and long-term impact of that asset with capital budgeting.
Repairing Vs. Improving Your Business Property
Repairs to tangible property, such as buildings, machinery, equipment or vehicles, can provide businesses a valuable tax deduction. Repairs can be expensed and deducted, but improvements to a business must be recovered through depreciation. So how do you tell the difference between a repair and an improvement?
Taxable vs. Tax-advantaged: Know the Difference
When investing for retirement or other long-term goals, people usually prefer tax-advantaged accounts, such as IRAs, 401(k)s or 403(b)s. While some assets sit well in these accounts, others would do better in taxable ones. How can you tell the difference?
