Business Tax Accountant Advisors in Newport (OR)

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    All 50 States

    Our professional accountants have extensive tax knowledge in all 50 states.

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    Consultation Services

    We can help you locate business expenses for your particular industry. Don’t lose out on tax deductions you deserve.

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    Don’t wait until tax season to know how much you owe. We can help you determine your tax obligation prior to the end of the year.

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    Our services include free consultation on how to maximize your deductions before the year ends. Take control of your taxes and make them work for you.

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    1099 Reporting

    Have vendors that need 1099s? Don’t worry, we are here to help. Our proprietary system will notify you when it is time to do your 1099 reporting.

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    We make sure your company is in good standing across all government agencies.

How to Transfer Business Ownership: What You Need to Know

How to Transfer Business Ownership: What You Need to Know

There might be several reasons why you no longer want control of your business and want to transfer its ownership.

  • • You might be doing it for the money for your retirement. Maybe you'd like to buy a new house or pay off a mortgage
  • • You might be bored of your current business and have another idea that you would like to test waters in
  • • With time businesses need to evolve to cope with the current market trends. You might not have the finances or means to update your business and make the relevant changes
  • • Selling a business is fast cash. You might need the money to explore a new hobby or interest, travel the world, start a new venture or pay off medical expenses due to illness.

Whatever your reasons might be, make sure to watch out for the following things to gain the most profit from selling your business:

  • • Make sure the buyers are quality people as you are selling something dear to you, and it matters that it should go into the right hands
  • • Check the timing. There is always a good time to sell to make the most profit; check when that time is and then sell.
  • • Start preparing a year or two before your intended selling date. This way, you can make the business look attractive to buyers and get a better price.

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