Throughout these web pages the case has been made for business people and individuals to recognize the importance of business valuations. While we have listed many reasons for a valuation, it is important not to overlook gift and estate tax situations.
When business ownership is transferred to the next generation at the death of the predecessor leader, the issue of estate taxes will arise.
Having a valuation prepared can help the new owners manage the challenge. Working with an estate and gift tax specialist along with a professional valuations expert should be a part of the process.
Related Resources
Nonprofit + Social Services Articles
Preparing for an Audit
An audit takes place annually when your nonprofit’s professional auditors conduct a careful and structured process to confirm that…
Nonprofit + Social Services Articles
Black Friday, Small Business Saturday, and….Giving Tuesday: Looking Forward to One of the Most Generous Times of the Year
In the nonprofit space, Giving Tuesday is one of the most important times of the year in terms of…
Nonprofit + Social Services Articles
Internal Controls – Moving Forward
As the world moves from a COVID-environment to a post-COVID environment, nonprofit organizations need to consider how their financial…