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If something is excellent, it is very, very good. The tea we had with lunch was excellent. ... What links here; Related changes; Special pages; Page for printing; Permanent link
http://simple.wiktionary.org/wiki/excellent
I have to admit it, I love models ? even if they simplify complex matters and put people into linear boxes. It helps me navigate the changes I?m involved in, and reflect on ...
http://mortenove.wordpress.com/
Here is a very well done step-by-step guide for changing your own oil. The author is doing it on an MB E320, but the engine should look oddly familiar
http://www.crossfireforum.org/forum/tsbs-how-articles/20507-excellent-oil-change-diy.html
Love the new pages and the set up of the news under the Towns catagory. I also love the way to provide feedback, easy to find but not obtrusive.
http://getsatisfaction.com/hartford_courant/topics/excellent_changes
Sponsors, Targets, Change Agents, and Advocates Excellent Sponsors. Aware of current issue; Dissatisfied with the present state; Clear on goals and the change required
http://www.primarygoals.org/Books/SpeedOfChange/SponsorTargetAgentAdovcate.htm
excellent! | Climate Change: Picturing the Science | Gavin Schmidt, Joshua Wolfe
http://www.very-clever.com/information/dkzkkkahuk
Bamboo plantation - an excellent crop for climate change adaptation - should be brought under massive cultivation across the country as it can easily mitigate
http://www.dhakatwitter.com/2010/04/bamboo-an-excellent-crop-for-climate-change-adaptation/
Jun 15, 2010 Change management training along with business analysis training and p3o training returns to you managers who are more valuable then befo
http://www.gather.com/viewArticle.action?articleId=281474978302516
We may have top management support, a great team driving the change and a well equipped toolbox but it won?t help much if there?s no real sense of urgency.
http://mortenove.wordpress.com/2009/12/22/a-sense-of-ugency/
If there?s any product on this world that?s capable of providing fantastic advantages in enhancing the high quality of existence within a fantastic method, it?s a fantastic ...
http://www.320v.com/2010/05/buy-immortality-rings-and-experience-excellent-change/

Strategic Exit Planning and Strategic Tax Planning to Save Income Taxes

Your partner, Uncle Sam, through the federal income tax and his State and Local Tax buddies (lovingly called your "Tax Partners") are excited about getting their share of your business profits (and salary income) right about now. If you are like most business owners you are focused on legally reducing your contribution through strategic tax planning and strategic planning to your Tax Partners this year. If you are like the exceptional few business owners, you are doing your best to look at how you will reduce your payments to your Tax Partners over your life and the life of your business through strategic exit planning and strategic tax planning.

Common reasons given for this lack of strategic tax planning and strategic exit planning is, "we need to make too many assumptions and guesses", "everything changes anyway", and often, "we are too busy and just never got to it".

Hence business owners who would never run their business with legacy software, put their crews in antique trucks, or run inefficient assembly lines often have old corporate elections and avoidable tax consequences because of strategic decisions made 20 years ago or more. (Just because you can't see it doesn't mean it isn't there.)

A recent example we saw was a meticulously run supplier of construction safety equipment. When the business was formed 25 years ago the owner elected C Corporation tax treatment. At the time there were many strategic tax benefits to that treatment and the election was the right thing to do. Yet somewhere between 12 and 15 years ago those benefits disappeared but no one ever looked forward to the long term strategic tax plan and strategic exit plan in order to foresee negative consequences.

The business had an estimated sales value of about $1,500,000 and because of the size and nature of the business buyers insist that the sale be structured as an asset sale. This scenario means the owner's Tax Partners are going to receive approximately an ADDITIONAL $300,000 from this transaction because of the old election. This is a huge price to pay for missing a change in tax status at the right time.

There are many other pitfalls and traps that can catch the small business owner. Because owners understand the day to day operations the traps tend to jump out and bite at times requiring major change and transition. Putting together the right team and asking the right questions periodically starting years in advance will help avoid these traps and produce superior results.

While long range transition, tax, and exit strategy planning and analysis seem expensive in the short run they are cheap in the long run. (Yes I mean cheap.) At the end of the day it is what you keep that counts. Keep more by planning.

Note: This is not tax advice but a sample case study based on similar situations. You are advised to seek professional assistance for your specific situation before taking any actions. No part of this is intended to be used to avoid tax penalties, or for promoting, marketing, or recommending to another any tax related action or activity.

About the Author: Gregory Caruso, CPA, Attorney, Certified Valuation Analyst, and author, is a Principal at Harvest Associates in Baltimore and Bethesda, Maryland. Greg is an expert in privately held business mergers and acquisitions. Greg specializes in working with owners who are determined to realize the highest business value from their business exit. Greg has over 20 years of experience. wgcaruso@harvestbusiness.com 877-838-4966

http://www.harvestbusiness.com

 

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