Finding, grooming, and ultimately selling your business to one or more key employees is a process that typically takes several years. Once you have found the right successors, proper succession planning often involves two...
Category: Leonard J. Gambino
A limited liability company (“LLC”) may elect to be taxed as a partnership, a C Corporation, an S Corporation, or as a disregarded entity. Many LLCs elect to be treated as “S Corporations” for federal income tax...
Businesses large and small have been placed under tremendous financial strain due the current pandemic. Government action at all levels seeking to address the issue are advancing and changing by the hour. Some of these...
Factors such as long-term and stable relationships with principals and customers, selling products with a promising future in the market, and the firm’s commission income stream
