Each type of charitable giving vehicle has its own advantages and limitations. Each donor has different circumstances, goals, and objectives. Knowing the landscape of charitable giving will better help you to find the best fit for your next planned charitable gift.
By focusing on these five categories, you can make your business stand out and also may decrease the perception of risk, which could lead to greater interest from the market and potentially a higher sales price.
with proper planning, using QSBS could save someone millions of dollars in taxes. This article highlights some common pitfalls a company should be aware of, but it is not an exhaustive list and should not be relied on for legal or tax advice. Consulting with a professional is vital to get the best guidance on this valuable but complex tax benefit.
Section 126 of SECURE Act 2.0 has created the new ability for a portion of unused funds in a 529 account to be rolled over into a Roth IRA.
SECURE Act 2.0 seeks to build on the original SECURE Act of 2019 by providing additional retirement planning flexibility and more options for Americans to save for their own retirement. Some provisions may have an immediate impact on your retirement strategy – here is a summary of several of the key changes:
When selling your business, one of the first issues that is likely to come up is whether to structure the sale as an asset sale or a stock sale. These are the two primary structures for selling a business, and the differences can have significant consequences for you as a seller.
In the first post of our three-part series on the sale process for a middle-market company, we focused on the strategic perspective, discussing how to optimize revenue, and quality of earnings given the constraints of a firm’s business model. The second post then delved into how a business needs to identify important house-cleaning actions, including accounting, financial, operational, and legal to prepare for a sale.
The next step is going to market.
Because selling a business requires extensive preparation, starting the process early will help provide the best opportunity for a successful outcome.
Strategic considerations —Part I of a three-part series. We are often asked by clients when they should begin positioning their companies for a sale or liquidity event. Many entrepreneurs have a clear view of an exit from the day they open the doors. Every strategic and operating decision is made in the context of creating value to be monetized at exit. These companies often have experienced investors and boards who have been down the road to exit before, providing invaluable advice regarding strategic focus and positioning.
Multigenerational financial planning and wealth transfer are rarely ever simple. Each client brings distinctive and varied considerations, so even experienced planners can encounter something new every day. The current environment of rapidly rising inflation adds a new element to evaluate and may cause some increased client anxiety, but if planning is done right, then “headline news” should not significantly impact a client’s long-term strategy.
