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Ask Yourself ...

  • Does your family business have management issues with relatives who feel entitled to special privileges and non-family members who are disgruntled about what they perceive as nepotism?

  • Are you having trouble determining which family member should be the heir apparent to your job so that you can begin the important process of passing the torch now?

  • Are you unsure of the best way to exit your company?

  • Have you considered how to minimize potential estate taxes?

  • Should you begin making gifts of your family business stock now, rather than waiting, in order to minimize your estate and income taxes?

These are all good questions. We can provide answers to help you make sound decisions.

 Contact Steve Hake, CPA, Stambaugh Ness President and Chief Operating Officer to take advantage of our knowledge in these areas. We help family businesses thrive for today's owners - as well as future generations. You can call Steve at 717-757-6999/800-745-8233 or contact him by using the email box below.
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Comments:

Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

IRS Circular 230 Notice: To ensure compliance with requirements imposed by the IRS, we inform you that any US tax advice contained in this communication is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code.