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As another tumultuous year draws to a close, both individuals and small business owners are advised to assess their current tax situation with an eye on maximizing available tax breaks and avoiding potential tax pitfalls. Planning should be based on the latest laws of the land. Just look at the significant legislation enacted in recent years....
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During the pandemic, due to much uncertainty about the future, business owners held on to their businesses. Would their industry fare well? Would there be a great shift in technology as a result, and would they have the bandwidth to keep up? By early 2022, M&As found their foothold and a lot of businesses have benefited...
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By Meg Hampton Financial statement auditors don’t make business decisions for clients, nor do they take any part in accounting processes or procedures. It’s not even their primary goal to test internal controls. Their job is to assess risk. In the process of conducting audit and assurance work, your audit team will gain knowledge about operational...
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An owner retaining a building after the sale is a very common practice we see in M&A transactions. This can be a source of cash flow after selling the business. In this video, Ryan Campbell, CPA, CGMA, CVA, Partner in Charge for our Pensacola office, talks about the valuation process, including cash flow adjustments and more....
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“What Am I Walking Away With?” When selling a company, a determination needs to be made about whether it will be an asset sale or stock sale transaction. In this video, Andrew Labosier, CPA, CVA,   explains the differences between these two options so you can determine which one is right for you. The team at Anglin...
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