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

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.

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.