Insight Tag: Business Valuations

Yep. It's true. Tax reform will impact your business's value. Read on to find out how.

President Trump signed the Tax Cuts and Jobs Act of 2017 into law on Dec. 22, 2017, triggering discussions about the various income tax implications, but little is being said about how this legislation will impact succession planning for business owners. Read on to find out more.

House Republicans have finally gone public with their long-awaited plan for tax reform and the Senate has their version. Included in the House document are plans to kill the estate tax. Read on to find out.

Finding ways to improve your business and stay competitive while saving money is a rare thing in today’s manufacturing world. But luckily, we have two programs to share that’ll do just that! Read on to learn more.

Why did you go into business for yourself? Was it to provide for your family? To do something you love? To control your own destiny? Those are probably all true to an extent; but more than anything, you should be in business to increase its value. Business owners typically have 50 to 70 percent of … Continued

Lately we’ve been surprised by how many people are thinking about filing a gift tax return without a business valuation. We’ve had a few conversations with people who are under the impression that they don’t need to attach a valuation of their business interest to the gift tax return. Before you file your return without … Continued

How many times have you received a 500 percent increase on a tax exemption? The federal gift tax exemption did just that – going from $1 million to $5 million for an individual and from $2 million to $10 million for couples – but only for 2011 and 2012. As a result, you have a … Continued

As the old saying goes, when you fail to plan, you plan to fail. Did you know that only three in 10 family-owned businesses have a written, formal succession plan in place? Another statistic tells an equally sobering detail: 12 percent of family-owned businesses do not survive past the second generation of ownership, largely due to … Continued