Transaction Advisory
IRS Updates Guidance on Business Interest Deductions
Key takeaways: The Internal Revenue Service recently clarified its Section 163(j) FAQs following changes under the One Big Beautiful Bill Act. These updates do not create new law but provide practical guidance for companies evaluating financing, merger and acquisitions activity, or capital investments. For businesses with significant depreciation or amortization, the revised framework helps align […]
Why Tax Planning Should Begin Well Before a Multistate or International Business Sale
When preparing a business for sale, one of the first areas buyers examine is tax compliance. Where a company files state income, sales, and payroll taxes—and whether those filings are complete—can become a central focus of due diligence. Gaps in compliance, or even unintentional oversights, can lead to buyer holdbacks, unexpected liabilities, delays in closing, […]
New Leadership Expands Business Transaction Advisory Support for Clients
AAFCPAs, a U.S. top 100 CPA and advisory firm, is pleased to announce the appointment of Ronald C. Lipof as Partner and Emily Feeley, CPA, as Director in the firm’s growing Transaction Advisory practice. Their arrival expands the firm’s already robust capabilities, adding depth and specialized experience to guide clients through complex transactions. Ron and […]
How Early Planning Maximizes the Value of a Business Sale
Financial outcomes from a business sale reflect the planning and decisions made long before the deal closes. Thoughtful preparation allows you to structure the transaction and manage proceeds deliberately. Starting early—think years ahead—creates space to protect what you’ve built, optimize your tax strategy, and plan the next chapter. A measured approach ensures that funds are […]
Understanding Asset Sales in Private Company Deals
Article Highlights When a company changes hands, the deal can be structured in several ways. In some cases, the entire business transfers via a stock sale. In others, the buyer selects specific assets and liabilities, leaving the rest behind. Valuation of the deal includes intangible assets not necessarily on the balance sheet, such as customer […]
Are you prepared for the financial and operational scrutiny of a business sale?
In every transaction, there comes a moment when optimism meets scrutiny. The buyer has signaled interest, perhaps even hinted at terms, but now the conversation shifts to proof. They will want to see the numbers behind the story, the contracts that bind relationships, and the systems that keep the business running. They may also review […]
Qualified Small Business Stock Changes: Higher Caps, Shorter Holding
Tucked within the One Big Beautiful Bill (OBBB) Act is a meaningful update to the tax code: revisions to the Qualified Small Business Stock (QSBS) gain exclusion under Section 1202. Long used as a tool to encourage innovation and investment in early-stage businesses, the QSBS rules have now been clarified and expanded. The changes are […]
AAFCPAs Tax Partners Featured in Dealmaking Panel Discussion
AAFCPAs spoke at the AM&AA New England Chapter networking event. Tax Partners Julie Sauriol, CPA and Richard Weiner, CPA, MST, CM&AA joined fellow panelist Sarah Grossman, CBI of BayState Business Brokers, for a discussion on collaboration in mergers and acquisitions. This program provided insight into how advisors from different disciplines work together to address challenges, […]
Asset Sale vs. Stock Sale: Key Differences When Selling a Business
Selling a business can take many forms. Some owners transfer shares to employees through an Employee Stock Ownership Plan (ESOP). Others stage a management buyout or pass control gradually to family. But in most private company sales, the structure falls into one of two broad categories: asset sale or stock sale. The distinction matters. Each […]