One of the most significant costs when buying or selling a company is the tax cost. Planning in advance of a transaction allows for identification of possible tax-reduction strategies, which can lead to greater cash flow for the business owners.
At Drucker & Scaccetti, we focus on Tax As A Business Strategy®. The decisions you make as you buy or sell a business often have nuanced or unforeseen tax consequences. Having the tax professionals at Drucker & Scaccetti on your side as you buy or sell your business can help you uncover tax-saving and cash flow opportunities at each step of the process: from financial and tax structuring and planning before a buyer is identified, through reviewing financial terms of the legal documents (including working capital requirements, agreement of sale, and Letter of Intent) and finishing with assisting with post-closing accounting and filing the income tax returns to report the transaction.
We work with your existing team (usually an in-house accountant, broker, and transaction attorney) to reduce risk and advise on the tax and financial implications of the deal. Our unique in-depth knowledge of the intersection between tax, law, and accounting can help identify planning opportunities, often resulting in greater cash flow from the transaction.
Drucker & Scaccetti has a dedicated Mergers & Acquisitions team that focuses on the cash flow and tax impacts of buying or selling a middle market private business. Our services include:
The Tax Warriors® at Drucker & Scaccetti have provided their expertise to sales ranging from $12M to $500M, in a variety of industries from service companies to manufacturing companies, and covering a wide breadth of issues, including working capital, F reorganizations and Section 338(h)(10) elections.
A few examples of transactions The Tax Warriors have assisted with include:
Call on us today to arrange a consultation where we can learn about your situation and describe in more depth the value our team can bring to your transaction.
ARTICLES BY THE TAX WARRIORS:
November 2019 - M&A: Things Sellers Should Not Overlook
October 2018 - Keep Your Eye on the Exit
August 2017 - Selling a Family Business? Set up a Family Office First!
WEBINARS & PODCASTS:
Cash Flow Impact of M&A - XPX Exit Planning Exchange - Recorded June 19, 2020