June 20, 2024

Hello Richard,


With the first day of summer, you're likely excited about a range of outdoor activities. The team at SKP wishes you a fun-filled season ahead. To ensure everyone stays safe, here are some important safety tips from the American Red Cross for both your family and your pets.


Don't hesitate to contact us or call 203-933-1679 with any questions or concerns. We are here to help!


Thank you and enjoy the summer!

 

Rich Pavano, CPA

Buying the Assets of a Business

After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you’re buying a business, you want the best results possible after taxes. You can potentially structure the purchase in two ways:


  1. Buy the assets of the business, or
  2. Buy the seller’s entity ownership interest if the target business is operated as a corporation, partnership or LLC.


In this blog post, we’re going to focus on buying the assets of a business.

Learn More

Stay Current with the SKP Blog

Converting from a C to an S Corporation


Tax Considerations When Adding a New Partner


Coordinate Section 179 and Bonus Depreciation


2024 Q2 Tax Deadlines for Businesses


Tax-Effective Ways to Take Cash from Your Corporation


Qualified Small Business Corporation


Operating Your Business as an LLC

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