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SERVICES PROVIDED
Succession
Planning
The need for business
succession is an essential component of anyone involved in an ownership
position or anyone contemplating becoming an owner. Planning for the business
executive of a closely held and/or family-owned company involves special tax
and non-tax considerations. Some of the primary goals of such executives
include:
Maintaining
control of the business among desired individuals during lifetime and at
death.
Providing
adequate income during retirement and for your family upon your death.
Minimizing
estate and gift tax liability.
Succession planning is essential to ensure
continuity of your business. The professionals at THE CENTER will:
Consider the impact of the tax laws.
Create a plan maximizing your benefits.
Develop a succession strategy.
Negotiate and implement the transfer your
company.
Tax Aspects of Business Decisions
To optimize capital
structuring, it is essential to give thorough consideration to the tax
consequences of a decision. At The Center, we will:
Analyze your assets to determine which ones
should be incorporated and which ones should be kept in the possession of
individuals.
Consider valid alternatives for transferring
money into the business.
Consider and advise on the ramifications of
taking assets out of the corporation.
Analyze your business decisions while taking
into consideration the current tax law ramifications.
With
today's complex and integrated tax structure, THE CENTER offers the
following services:
Tax
Minimization Analysis
Advance
income tax planning.
Assistance
with IRS inquiries and audits.
Litigation
support as needed.
Advice
on the tax ramifications of your decisions.
Planning and plan
structuring for retirement is tied to the intent of the corporate owners,
i.e., do I have a plan that will maximize benefits for my retirement? The law
is complex in this area, but does offer numerous combinations. Of utmost
importance is ensuring that your retirement plan is considered qualified by
the IRS.
Estate planning is
broader in scope and includes the assets and on-going income stream of the
business. Therefore, planning the
continued structure of the closely held corporation is essential to estate
planning. Once a plan is formed, a periodic review of the estate plan should
be conducted to be certain that it continues to fulfill specific goals for
the distribution and transfer of assets. Day to day life situations and
changes in the tax law impact estate plans. Our personnel can assist with
detailed projections of your estate and the estate of other key
stockholders.
Retirement
and estate planning is broad in scope.
The personnel at THE CENTER will:
Develop
a retirement strategy for you.
Determine
the estate tax consequences.
Analyze
asset transfer with action recommendations.
Draft
the legal documents.
Mergers
& Acquisitions
The art of negotiation
for a sale or merger of a business can go far beyond just what the price is.
A seller or buyer must also be concerned about security and future benefits.
The position of a
company in the market area is a prime motivation for potential buyers. Organization
is an extremely important factor in merging or acquiring a business.
To
optimize deal structuring, it is essential to work with experienced
professionals who will:
Develop
a merger and acquisition strategy.
Analyze
the financial and tax aspects.
Negotiate
with all parties.
Draft
all legal documents.
Close the deal successfully
Knowing the value of
stock in a closely held company is important to anyone that has an ownership
interest in a business. The valuation process of determining what a company
is worth is not a simple one.
The Center has personnel who have written, spoken and testified
on valuations concerning closely held companies. Accordingly, our personnel
can evaluate your business, determine a formula for inclusion in a buy-sell
agreement and/or assist in negotiating the sale or purchase of a business
regarding the value of a company.
Call us now to:
Evaluate
your business.
Determine
a formula for inclusion in a buy-sell agreement.
Assist
in negotiating the transfer of your business.
Provide
litigation support as needed.
Strategic Planning
Planning is the power source for performance. At The Center, we are equipped to analyze and recommend organizational, structural
and investment alternatives.
We can provide a framework that will assist you in organizing your
thoughts and plans, and will enable you to chart your process. This includes
strategic planning for the future of the company.
The
professionals at THE CENTER will:
Analyze and recommend organizational and
structural alternatives.
Provide a framework that will assist you in
organizing your plans.
Develop a strategic plan for the future of
your company.
Income Tax Planning
Our income tax
planning analysis enables us to use varying assumptions to obtain the most
beneficial tax results. We will produce supporting schedules of income,
deductions, and available credits, depending on available information.
With today's complex
and integrated tax structure, we find it essential to provide the following
services:
Advanced income tax planning.
Assistance with IRS inquiries and audits.
Investment Analysis
Investing requires
consideration of many factors, not the least of which is the economic
viability of the underlying investment.
We will not only
assist in evaluating the advantages and potential risks, but will direct
attention to the return on investment for investors.
Budgeting & Cash Flow
The need for cash
flow planning is frequently demonstrated by factors such as an inability to
meet financial commitments, the need to borrow for operating expenses, and a
variety of other situations.
Our personnel can assist in establishing
and evaluating any number of budget categories as necessary to control cash
flow. We will:
Make recommendations to improve cash flow.
Accommodate planning on a regular basis, i.e.,
monthly or annually, depending on the situation.
Structure cash flow projections.
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