sale of business – The Burns Firm – Advisors of Complex Financial Matters

How Section 1231 Gains and Losses Affect Business Asset Sales

January 30th, 2025|Categories: 1231, Accountant, Accounting, Burns Firm, Business, Business Asset Sale, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Gains and Losses, Ordinary Gain, Ordinary Gains and Losses, Sale of Business, Section 1231, Services, Small Business, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Rules, The Burns Firm|Tags: Business Asset Sale, Business Gains and Losses Tax, Capital Gains and Losses, CPA, cpa near me, Dallas CPA, Ordinary Gains and Losses, sale of business, Sec. 1231 Gains and Losses, Section 1231, tax advisor, The Burns Firm|

When selling business assets, understanding the tax implications is crucial. One area to focus on is Section 1231 of the Internal Revenue Code, which governs the treatment of gains [...]

Get Ready for Due Diligence Long Before a Sale or Merger

May 2nd, 2024|Categories: Accountant, accountant near me, Burns Firm, Business, CPA, CPA Dallas, CPA near me, Dallas CPA, Due Diligence, M&A, Merger & Acquisition, Sell Business, Selling a Business, Services, Small Business, Tax, Tax Advisor, The Burns Firm|Tags: cpa near me, due diligence, Due Diligence Process, merger & acquisition, Merger of Business, Prepare to Sale Your Business, sale of business, tax advisor, The Burns Firm, The Burns Firm M&A Advisors|

It may seem odd, but as soon as you start up a business, you should begin preparing the documentation needed to sell or merge with another enterprise. It may be years [...]

Evaluate the Effects of Selling a Subsidiary or Division

September 3rd, 2020|Categories: Accounting, Burns Firm, Sell Business, Selling a Business, Services, Tax, Tax Credits, Tax Cuts, Tax Planning, Tax Return|Tags: CPA Dallas, sale of business, selling a division of my business, selling a subsidiary of my business, selling my business, should I sale a division of my business, tax, tax and sale of business, The Burns Firm, what are tax consequences of selling part of my business, what financial effect will selling part of my business|

During the best and worst of times, your company may be tempted to sell a division or subsidiary. This can make sense for a number of reasons, including: Alternatives to [...]