More than 100,000 small businesses have closed due to COVID-19. There is more to closing a business than laying off employees, selling office furniture, and closing the doors. Owners of closing businesses must take certain actions as required by the IRS to fulfill your tax obligations. For example, if your business has employees, you must…

A business exit strategy is the plan for your business at the time that you want to leave your business. Giving yourself time to plan your exit will allow you to take the most advantageous approach. It is ideal for you to leave you business under the terms that you desire. Selecting the right strategy…