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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:

The Internal Revenue Service announced today tax relief for individuals and businesses in North Carolina that were affected by severe storms and flooding. These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments.

When business owners think about planning for a successful future, they sometimes believe that it will take years to reap what they sow. This can make it tempting to push such planning off to an indeterminate future date.

Small business acquisitions reached a familiar milestone in the second quarter after growing 5% over the past year and 3% from last quarter, according to BizBuySell's Insight Data, which tracks and analyzes U.S. business-for-sale transaction and sentiment from business owners, buyers, and brokers.

For most, the sale of a business is a new experience that requires sellers to learn many entirely foreign processes in a very short amount of time. The many steps to selling your business can be long and tedious, and chief amongst those steps in terms of length and tedium is due diligence.