Tax Services:

Business Acquisitions

When acquiring a business, you want to work with a CPA firm that has extensive experience in these types of transactions.  Sisterson is a firm that is deep with business acquisition experience.  We know where to find hidden tax traps. Our tax professionals have extensive experience in tax issues such as choosing the legal form of the acquiring entity, the allocation of purchase price, amortization of purchase price related to intangibles, purchase money indebtedness, employment contracts, methods of accounting, inventory accounting (including LIFO issues), and a plethora of other related tax matters.

Because of our experience, we also understand that contingency plans must exist with respect to a business acquisition. Sometimes all or a part of the transaction must be unwound or sold off in advance of the timetable that was originally contemplated. Unlike some advisers, we try to consider the tax consequences of contingencies in the tax structure of the original transaction. Moreover, we’ve found that it also pays to consider the client’s exit strategy in every business acquisition, because in today’s business environment, the ability to move swiftly in and out of markets is important. Only the inexperienced tax adviser fails to consider how a client will eventually exit an acquired business.