Selling a business may be a natural progression for your company as discussed in Parts I and II of this series by Senior Tax Manager, Naila Sharifova. As Naila explained, there are tax considerations for your company and shareholders which impact the amount of income generated by the sale. But whether you are selling a startup with intellectual property or you are selling your company as part of your retirement plans, the acquirer will want to review your company’s financial statements to determine what they are willing to pay for your company. (more…)
By Colette Gonsalves, ASL Marketing
Abbott, Stringham & Lynch is very pleased to announce that Carol Wagner, our Principal in charge of Audit & Accounting and the Technology Group, has accepted a one-year term as President of the California Society of CPAs Silicon Valley/San Jose Chapter. Carol has a long history of active participation in CalCPA, and is the former Chair of the Accounting Principles and Auditing Standards Committee. The entire firm congratulates Carol on this honor.