mature business enterprises have a lot of different needs in the early stages

they know what the drills are they know how to save money

good guidance from their reno based cpa years ago has helped them

put a bunch of more money in their pocket but they're getting older

so they want to be able to as you know give it to their kids to sell it off to their

long-time employees to sell it off entirely

or in certain cases just shut it down

uh... so all those have very very different tax ramifications very

different profitable uh... profitability determinations and so

sitting down with the cpas talk about the different things that you different

options are available to you

and the ramifications of all of them are very very uh... important to do

uh... structuring a sale of a business as a stock sale as opposed to assets

sale for example

now you're still selling the business usually that assets of the business as

opposed to that equity of the stock of the business but hugely different tax

ramifications so it's important before you contemplate any of that sit down

with a cpa

i handled a sale of an enterprise for example a number of years ago

where it was a Hawaian based business

uh... forty years in Hawai

and so by structuring the business as a stock sale

and having the owner of the business move to Nevada

uh... you know

before the sale happened we were able to avoid uh... hawaiian tax of about forty

percent on the sale which was about a hundred fifteen million dollars

so saving the client thirteen fourteen million dollars in taxes by structuring

the transaction

most transactions we deal with are a lot smaller than that but that types of

things a business owner needs to know is just as important

so see cpa before you decide to get out of your

uh... existing situation or selling it off or give it away

uh... to people downstream