The Internal Revenue Service has issued final regulations on the tax credit available to certain small employers that offer health insurance coverage to their employees under the Affordable Care Act.
Tax Policy & Finance
When the time arrives to transition your business to new owners, the first step is for you and your advisors to arrive at a price which both meets your expectations and will be accepted by prospective buyers. Step two is a frank discussion about how potential buyers might receive necessary bank financing to consummate the purchase of your business.
The end of 2014 and the beginning of 2014 have resulted in a number of changes in tax administration. One of the many areas of change is liability for taxes of successor businesses. If your company purchases all the assets of another business, it may be held liable for the unpaid taxes of the predecessor corporation. However, until February of this year, the prior corporate officers were also liable for unpaid taxes.