Featured

Tax Concerns When Selling A Business

Tax Concerns When Selling A Business

By Nina Kaufman, Esq.

Ah, wouldn’t it be nice . . . to cash out of your business and have the time, freedom and buckaroos to lounge in Tahiti, build that extra extension on the house or give to the charity of your choice. But there’s more that has to go on behind the scenes–before you get to that big splash with lots of zeros to the left of the decimal point. Particularly in the realm of tax planning. (Because you can be sure that when there’s a windfall, Uncle Sam will be right there next to you with his hand out!) Here are some steps to think about (and AllBusiness.com neatly outlines): What are you selling? There are two ways to sell your business: Sell the entire thing, entity and all, or sell the assets (and leave you holding the shell of the old entity). No surprise, sellers usually want to unload the whole kit and caboodle. Buyers usually want to avoid the liabilities that the business may have accumulated, so generally prefer to cherry-pick the assets. What…

Continue Reading

Popular

Do You Have a System for Repeat Clients?

Listen to the Episode Below: We all know the value of a repeat customer. But what, exactly, are you doing to make sure they keep coming through the door … over and over again? Is…

Read More

Law Questions about Company Ownership and Board Meetings

Many entrepreneurs have law questions about company ownership and board meetings.  Some of the responsibilities of company ownership include holding board meetings, generating company financial reports, obtaining an employer tax ID and, sometimes, undergoing a…

Read More

Reasons Not to Rush into a Business Partnership

Not that I’m a big follower of the Kardashian sisters, but it always amazes me what people will stoop to for fame. Take Khloe Kardashian’s shotgun wedding to L.A. Lakers basketball player Lamar Odom.  Apparently,…

Read More
Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.