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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...

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...

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...

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...

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...

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...

Annual Minutes: Not Just for Corporations Anymore Many considerations go into choosing a formal entity structure for a business. Due to its hybrid nature of partnership tax advantages and corporation-like limited liability protections, various business owners--from...

Annual Advisor Meetings – Better Progress Through Collaboration By Douglas C. Alexander SAALFELD GRIGGS PC Most successful business owners engage a number of professional advisors. Certified public accountants, business lawyers, insurance professionals, investment...

Annual Advisor Meetings - Better Progress Through Collaboration Many states have crafted Amazon laws that redefine what constitutes a physical presence, for purposes of nexus, in order to impose tax on businesses that are not physically located there. There are two...

A Failure to Plan is a Plan to Fail By Doug Alexander SAALFELD GRIGGS PC Often life’s most important lessons are not those that are learned in meetings or classes, but those that are learned from the school of hard knocks. These lessons are more personal, more...