Nov 28, 2012 | Business & Taxation
Choice of Entity: S Corporation or LLC? When the time comes for a business to adopt a formal entity structure, several important issues must be considered. It is difficult to determine which entity is the better choice without understanding the overall objectives of...
Nov 28, 2012 | Business & Taxation
Business Sale 101 – The Letter of Intent By Wayne A. Kinkade SAALFELD GRIGGS PC Owners of closely held corporations with two or more shareholders should plan in advance for the retirement, death or other departures among the shareholder group. Imagine learning that a...
Nov 28, 2012 | Business & Taxation
Business Sale 101 – The Letter of Intent By Douglas C. Alexander SAALFELD GRIGGS PC For many business owners, the culmination of a lifetime of building a successful business is its sale. Just as strategic planning is an important element in the successful operation of...
Nov 28, 2012 | Business & Taxation
Business Sale 101: Structuring the Sale By Douglas C. Alexander and Caleb A. Williams SAALFELD GRIGGS PC Previous articles in Business Briefs have discussed two initial steps in a typical business sale: drafting the letter of intent and conducting the due diligence...
Nov 28, 2012 | Business & Taxation
Business Sale 101: Due Diligence For many business owners, due diligence is one of the most frequently misunderstood aspects of a business sale transaction. Due diligence is important for both the purchaser and the seller of a business, as it enables both parties to...
Nov 28, 2012 | Business & Taxation
Anti-Kickback Act Safe Harbor Provisions Finalized The federal anti-kickback statute, 42 USC §1320-a7(b), affects a vast array of business relationships in the health care industry. Broadly speaking, the anti-kickback statute prohibits payments or remunuration to any...