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Business Exit Strategies and Tax Developments Affecting Privately Owned Businesses

October 27, 2010

By: Marcel J. Bernier and Richard A. Marone

Business Exit Strategies:  Each Offers Advantages and Disadvantages

Choosing the right business exit strategy may be the most important decision a business owner will make with respect to his or her business.  There are a number of ways for a business owner to exit a business.  Each way has advantages and disadvantages.  The best exit strategy depends on the particular facts and circumstances of the business and the business owner.

Tax Developments Affecting Privately Owned Businesses and their Owners

The taxation of privately owned businesses and their owners is always in flux.  Several developments are worthy of note, including provisions of the Small Business Jobs and Credit Act and the status of the federal estate tax.

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