Advice for transferring family businesses

Small Business Self Employed Tax Accounting - Advisers can help clients figure out the best way to transfer interests in a family business to the next generation, writes Heidi Bolger, CPA/ABV. Factors to consider include family members' activity and contribution to the business, as well as the amount of time they've been involved. Older family members may want to start by transferring minority stakes to test an ownership arrangement before handing over control. To read more click HERE.  As always we are available to help.  Contact us today.
ABA Tax Accounting
Amare Berhie, Senior Tax Accountant
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