Law Topics Today
Sidestep tax on personal holding companies
The personal holding company tax is often thought to be a remnant of days long gone but it can still come back to haunt business owners. This additional tax can be assessed against a closely held company if it receives…in Blog Read more...
Do you know what is important about the "Purchase Price Allocation" in an asset purchase transaction?
Generally speaking when purchasing a business, the buyer is only going to want to acquire the assets of that business and not buy the actual business entity. Why not? Well, the entity could have unwanted characteristics or hidden liabilities. For…in Blog Read more...