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Selling your retail business is a complex and time-consuming process that requires putting a course of action in place to help you attract the best opportunities.

mall businesses and their owners could face penalties of $10,000 or more if they don’t comply with a new U.S. Treasury Department reporting requirement by year’s end — and evidence suggests many haven’t yet complied.

Selling your business is a significant decision. You’ve invested considerable time, money, and effort into building and running it—perhaps it even represents your life’s work.

For many business owners, deciding to sell their company is one of the most significant financial decisions they will ever face.

One item that may be overlooked by the seller, is their tax returns. Having your tax returns unfinished or not filed to the IRS at the specified tax deadline, can cause big delays when you go to sell your business. Here are a few tips to make sure you’re in good graces with the IRS: