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
“An exemption from UNICAP? And no limitation on the amount of business interest expense I can deduct? Sign me up!” Many taxpayers (and their tax return preparers) have eagerly embraced…
Two significant regulatory changes to retirement plans require immediate attention from plan sponsors, both to ensure current operational compliance and to comply with upcoming deadlines. Many long-term, part-time (LTPT) employees…
On January 17, the Virginia Department of Taxation (DOT) issued final guidelines for the commonwealth’s pass-through entity tax (PTET) for tax years 2022 through 2025, and on March 4, it…
The Department of the Treasury and the IRS on March 5 released final regulations (TD 9988) on the elective pay election for certain energy tax credits under IRC Section 6417,…
