Previous posts have covered the role of attorneys as well as the role of business brokers (here and here) in the sale or purchase of a business. Recently, I talked with Certified Public Accountant, Jina Etienne, about the role of accountants in the business sales process.
Jina shared advice concerning
- the tax implications of purchasing/selling a business via a stock sale versus an asset sale;
- what a buyer/seller should consider when allocating the company purchase price among real property, tangible and intangible assets, and goodwill; and
- how a company’s long-term strategic objectives should impact tax decisions during the sale.
(Click the link below to listen to my 12-minute conversation with Jina Etienne, CPA.)