7 min read
C Corporations: Tax Issues to Consider When Closing a Business
Are you thinking about closing your business? Rising prices, labor shortages, fluctuating demand and supply chain...
The tax law is an increasingly complex web of rules and regulations. SSB’s tax team is highly recognized for its experience and expertise in tax compliance and planning. Whether it’s income taxes, retirement planning, compensation planning, business succession or estate concerns, we can help you map your strategy to take the best advantage of the tax law provisions.
We know the ropes—and talk your language. Our professional team is highly trained. CPAs are tested and licensed before they can place “CPA” after their names. Our profession has rigorous continuing education requirements which ensures you of our competence. But, our practical experience may mean more to you. We put our knowledge to work for you every day in all types of settings—and we are constantly learning more as a result. These experiences let us identify problems faster and propose solutions better and more cost effectively for you.
Tax-advantaged planning and preparation
Business tax matters
Type of organization—“C” or “S” corporation, LLC, partnership and proprietorship
Election of accounting methods
Multistate tax considerations
Tax considerations for sale or purchase of a business
Like-kind exchanges
Retirement and employee benefit planning
Individual tax matters
Maximizing deductions/minimizing taxes
Tax effects of investments
Coordination of business with personal tax planning
Estate and gift taxes
Payroll, sales, use and excise taxes
Asset protection strategies
7 min read
Jan 24, 2025
Are you thinking about closing your business? Rising prices, labor shortages, fluctuating demand and supply chain...
5 min read
Jan 21, 2025
Many U.S. businesses filed for bankruptcy last year. Through the end of the third quarter of 2024 (the latest available...