8:00 am - 9:00 am
On June 15th Lindabury Tax Partner Robert Schwartz partnered with Walter Szymanski from Everingham & Kerr, Inc. to present a webinar in which they discussed the process of buying and selling closely held businesses and the tax implications of common deal structures.
The presentation provides knowledge of the current market for sales of closely held businesses and the ramifications of proposed Federal income tax reductions on the market place as well as knowledge guiding a buyer or seller’s thinking through the process of selling or buying a business. The two discussed such factors as business valuation, strategies to increase the business’ multiples and lending conditions impacting deal values and frequency. We also discuss the taxation factors for both buyers and sellers that are determined mainly by the legal entity through which the business has been historically operated (e.g. C-Corp, S-Corp or LLC).