There can be big issues from a tax standpoint when you want to sell your business. There are two main ways to sell a business - an Asset Sale, and a Stock Sale.
The most common sale type is an asset sale meaning the company sells some or all of its actual assets, either tangible or intangible.
Watch this video to learn more!
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Visit our website: https://www.rehcpas.com
Ray Halstead and Andrew McMillan are managing partners at REH CPAs in Mooresville, NC. They focus on helping small business owners with their bookkeeping, accounting, taxes, and ultimately allowing them to stay out of their books and in their business.
If you want to speak with someone about your small business taxes, give REH CPAs a call at (704) 662-8249.