Considering Selling your Business? Know the Tax Implications Before You Close the Deal
By Brady Paschke, Manufacturing Growth Network Industry Leader, CLA Deal Services Team
CLA’s Transaction Tax team helps owners considering selling their businesses structure a transaction in a tax efficient manner. If you are considering a transition, CLA’s team uses a focused approach to understand the tax implications of the proposed deal and can help you evaluate options and the impact on deal value.
Each transaction brings its own set of exposures to both buyers and sellers. CLA helps buyers determine the combined entity’s post-close tax positions and compliance footprint, as well as federal, state, local, and foreign tax exposures. Conversely, CLA helps sellers understand the tax consequences of potential offers before the business is put on the market. We use our versatile knowledge to develop strategy and structure to get the deal done.
Transaction tax assistance can include:
- Evaluate uncertain tax positions for federal, state, local, and foreign tax exposures
- Provide tax structuring advice for mergers and acquisitions
- Model tax consequences of different transaction structures
- Conduct discussions with management and advisors
- Assist with post-closing tax filing compliance matters
- Team with investment advisors to work toward after-tax investment and estate planning goals
Considering a sale? We can help you walk through options and the downstream implications from a tax perspective. Contact us.
Jennifer Clement is an executive sales and marketing leader specializing in value creation for the C-suite. In her current role at CLA, Jennifer collaborates on strategy with executives of global manufacturing and distribution companies to accelerate results. Previously Jennifer served as a Global Business Acceleration Leader for Complete Manufacturing and Distribution (CMD). During her time with CMD, Jennifer lived and worked in Asia from 2015-2019. Prior to CMD, she spent 10 years in senior care technology. Jennifer started her career at Johnson Controls (JCI) and spent nine years in leadership roles; followed by five years at Rockwell Automation (ROK) leading c-suite strategy and marketing operations.
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