Wollman, Gehrke & Solomon, PA

Business Taxes and Transfers
Business Succession Planning

Estate planning for owners of closely held businesses combines the income tax and the estate tax discipline. The IRS will want to value your business at its maximum value, while you may not have a willing buyer to take over your business. The two may never meet. Our job is to come up with a plan for transferring the family business at the least tax cost and creating a plan that will economically work for both the buyer and the seller. Frequently the buyer is a key employee or family member or both.

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