Buying or selling a business may be the largest transaction you’ll ever make. Pay attention to taxes. After a deal is done, it may be too late to get the best tax results.
Tag: tax implications
Tax Considerations: Claiming a Child After Divorce
Often in divorce, a court order stipulates which parent may claim a child or children on their taxes. This can also be used as a bargaining chip for either party when negotiating an agreement. But, what does the Internal Revenue Service (IRS) say about who can claim a child? While a local court may stipulate[ … ]
Buying and selling mutual fund shares: Avoid these tax pitfalls
Planning to buy or sell mutual fund shares? Here are some tax hazards to avoid.
The tax implications of employer-provided life insurance
Employer-provided group term life insurance can be a nice employee benefit. But depending on the amount of coverage, it may cause an unwanted tax result. Here’s why.
Holiday parties and gifts can help show your appreciation and provide tax breaks
Are you giving holiday gifts to employees or customers? Or is your business throwing a holiday party? Make sure you understand the tax implications.
