Sell a business – The Burns Firm – Advisors of Complex Financial Matters

Is This the Right Time to Sell Your Business?

February 20th, 2020|Categories: Burns Firm|Tags: Buying a business, CPA Dallas, M&A, mergers & acquisitions, Sell a business, sell my business, Selling your business, tax, tax and selling a business, tax consequences when selling a business, The Burns Firm, when is the right time to sale your business|

Selling a business requires a great deal of time and effort on both the buyer's and seller's behalf. In addition, determining the right time to finalize the transaction can make [...]

Denis Burns on The Jeff Crilley Show

October 24th, 2019|Categories: Accounting, Burns Firm, Business, Buying a Business, C Corporation, Merger & Acquisition, Partnership, S Corporation, Sell Business, Selling a Business, Services, Tax|Tags: CPA Dallas, Denis Burns, merger & acquisition, Sell a business, Selling your business, The Burns Firm, The Burns Firm M&A Advisors|

https://www.facebook.com/TheJeffCrilleyShow/videos/3175821272459595/?t=22

Liquidating a Corporation? Avoid Double Taxation with Smart Planning

September 27th, 2018|Categories: Burns Firm, C Corporation, Merger & Acquisition, Sell Business, Selling a Business, Tax|Tags: avoid tax, double taxation, liquidating corporation, Planning, Sell a business, shareholders tax, tax, tax level, The Burns Firm|

Perhaps you're considering selling off your C corporation's assets and liquidating the firm. Typically, such a transaction is accomplished in three stages: The corporation makes a direct sale of its [...]

Watch Out for Unfavorable ‘Related Party’ Rules

August 9th, 2018|Categories: Accounting, Burns Firm, Business, Tax, Tax Deductions, Tax Planning, TCJA|Tags: 'related party' rules, business, business assets, C corp, Denis Burns, owner interest, Sell a business, Selling, The Burns Firm|

Beware of the tricky "related party" tax rules if you are considering buying or selling business assets or an ownership interest (corporate stock or a partnership or LLC interest).The Internal [...]

Tax Document Retention Guidelines for Small Businesses

May 1st, 2018|Categories: Accounting, Burns Firm, Business, C Corporation, Countdown to Transition, EBITDA, Merger & Acquisition, Partnership, S Corporation, Sell Business, Selling a Business, Services, Tax, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: Accounting, Acquisition, business, Buying a business, expense, Merger, merging businesses, payroll, payroll tax, Planning, Sell a business, Selling, Selling a business, tax, TCJA, The Burns Firm, The Burns Firm Venture Partners|

You may have breathed a sigh of relief after filing your 2017 income tax return (or requesting an extension). But if your office is strewn with reams of paper consisting [...]

Succession Planning: Are You Ready?

February 20th, 2018|Categories: Accounting, Burns Firm, Business, C Corporation, Countdown to Transition, EBITDA, Merger & Acquisition, Partnership, S Corporation, Sell Business, Selling a Business, Tax, Tax Planning|Tags: Accounting, Acquisition, EBITDA, Merger, Planning, Sell, Sell a business, Selling, Succession Planning, Target Audience, tax, The Burns Firm, The Burns Firm Venture Partners|

Many business owners procrastinate putting a well-conceived succession plan in place. The reasons are understandable. It can be difficult to plan for your replacement and deal with your mortality. Here [...]