Timothy Finnerty

McNees Wallace & Nurick LLC

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Recently by Timothy Finnerty

Tax

Lessen the Tax Bite When Selling a Business: Strategies to maximize cash out and avoid raising red flags with the IRS

When a business is sold, both the buyer and the seller endeavor to walk away with as much cash on hand as possible. The seller hopes to reap the rewards of years of hard work; the buyer hopes to secure enough cash to keep building the business. But often, lurking tax liabilities can get in the way...

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