PPC’s Guide to Buying or Selling a Business provides targeted guidance on compliance and planning information on the unique and varied strategies associated with mergers, acquisitions and the restructuring of an existing business.

PPC’s Guide to Buying or Selling a Business addresses the many tax considerations for closely held business buyers and sellers including selecting the best form of business entity, valuing the business, facilitating due diligence and structuring taxable and tax-free merger and acquisition transactions, as well as advising clients purchasing a franchise, preparing a business plan and closing the deal.

Other features:

• Tips on advising a client on purchasing a franchise, preparing a business plan and closing the deal.
• Complete guidance including the latest legislative, judicial and administrative activity in the transaction arena which will enable you to confidently handle the critical components of transactions encountered by your clients.
• Shows you and your staff how to how to avoid the critical errors encountered when buying or selling a business or structuring transaction including mergers.
• Detailed guidance enables you to delegate the engagement to the appropriate staff level and can also be used to educate your staff in the various facets of the transaction arena such as employee buyouts, Section 338 elections, stock sales, assets sales, and transaction costs, as well as identifying planning opportunities relating to M&A transactions.
• Efficiently organized and tailored guidance and tools to save you time in identifying, marketing, and implementing engagements involving mergers, acquisitions, and restructurings as well as providing the confidence that all possible planning alternatives have been identified and considered.

The latest edition includes coverage of:

• Expiration of Bush Tax Cuts. The current income tax rates are scheduled to expire on December 31, 2012. New discussions and new appendixes have been added that compare the increasing tax rates and other expiring provisions that originated with the Bush tax cuts. These practice aids can help practitioners keep track of these changes for proactive planning with their clients by the end of 2012.
• Dividend Tax Rate Increase for 2013. Distributions by C corporations treated as dividends [to the extent of the corporation's current or accumulated earnings and profits (AE&P)] may be taxed at ordinary income tax rates beginning in 2013. This edition discusses the impact of the higher tax rates.
• Final Regulations for S Corporations. The Guide includes a new section covering recent final regulations that treat S corporations as members of a controlled group for allocating tax benefits among the members.
• Final Regulations on Accounting and Inventory Methods. The Guide has been updated for final regulations that clarify the accounting and inventory methods to be used by an acquiring corporation after certain reorganizations.