S E R V I C E S

Business Succession Planning

For business owners nearing retirement, succession planning can’t be ignored.

At BSB, we help you identify the most effective way to organize the transfer from a personal as well as a business standpoint. There is no “one size fits all” when it comes to developing a succession plan for your business. We are here to help you with a process that makes the most sense for your needs.  

WE ASSIST IN EVAUATING:
  • Value of the business
  • Talents of the future leadership
  • Timing of any changes
  • Buyout of current owners

State and Local Income Tax Issues to Consider Before Making Your Next Tax Payment

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State and local taxes represent a key and often material part of a business’s total tax liability. Many states are reporting budget surpluses, reducing tax rates and offering new credits and…

Plan Sponsor Alert: Planning for the End of the COVID-19 Public Health Emergency and Outbreak Period

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To help the American public endure the COVID-19 pandemic, Congress passed laws that provided billions of dollars in emergency funds to buy vaccines, tests, and other treatments that were free…

Mandatory Capitalization of R&E Expenses

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The Impact on Government Contracting Companies Government contracting entities often incur considerable expenses associated with the performance of research and development activities — both on behalf of their government agency…

Revised Filing Instructions for K-2 and K-3 for Partnerships and S-Corps

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The IRS recently issued revised instructions regarding 2022 Schedules K-2 and K-3 for partnerships and S corporations. In these instructions, the IRS responded to requests for expanded relief and clarity…