Article Date:
December 2016


Word Count:
1679

 

 

Buying a Business: Should You Buy Ownership Interest or Assets?


You can structure the purchase of a business in two basic ways.

 

If the target business is operated as a C or an S corporation, a partnership, or an LLC that is treated as a partnership for tax purposes, you have two options:

 

1.

Buying the ownership interest of the seller.

2.

Buy the entity’s assets.

 

If the target business is a sole proprietorship or a single-member (one-owner) LLC that is treated as a sole proprietorship for tax purposes, you have only one option—an asset purchase.

 

Read this article to understand the federal income tax implications of ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Password


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee
Clicky