OWNERSHIP TRANSITION
Plan for change using tax effective strategies!
Transitioning your business can be complicated and have adverse tax consequences to both owners and buyers if not planned properly, especially if there are multiple owners with no buy/sell agreement dealing with death or disability.
Every business is different and ownership transitions need to be appropriately planned to ensure both future and retiring owner’s business continuation.
At Dec & Benson CPAs we understand all aspects of ownership transition and will develop a plan specifically for you that will cover;
- Discussing the objectives of the transition plan with owners.
- Gathering, organization and analysis of historical data.
- Formulation of a preliminary plan.
- Reviewing the preliminary plan with management and with the owners to determine appropriateness.
- Final review of the plan and implementation.