Florida has no state income tax. That’s the headline. For a business seller, it means the capital gains conversation is primarily a federal one — which is actually where the real money is anyway.
stocksale
stocksale
Should I Sell My Business as an Asset Sale or a Stock Sale?
This choice isn’t just a technicality—it has major implications for taxes, liability, and deal structure. Understanding the difference can help you make a smarter, more profitable exit.
Asset Sale vs. Stock Sale: What Business Owners and Buyers Need to Know
When you’re preparing to buy or sell a business, one of the most important decisions you’ll face is how to structure the transaction: as an asset sale or a stock sale. This isn’t just a legal or tax distinction—it’s a foundational element of the deal that can have serious consequences for both buyer and seller. As a business broker working across Florida for nearly two decades, I’ve seen this decision make or break deals. Let’s dig into the pros and cons of each option so you can understand what may be best for your situation.
Key Terms Every Tampa Business Owner Should Know Before Selling Their Business
Selling your business is a major milestone — one that can impact your finances, your family, and your future. But if you’re like most Tampa Bay business owners, you didn’t start your company with a sale in mind. That means you may be unfamiliar with the terms, processes, and language buyers and brokers use […]
What is Section 338(h)and how can it help sellers and buyers get a deal done?
Section 338(h)(10) allows a purchasing corporation to elect to treat the acquisition of another corporation as a deemed asset purchase for tax purposes, even though it may legally be structured as a stock purchase. This means that the purchasing corporation can treat the transaction as if it had acquired the assets of the target corporation, resulting in potential tax benefits such as stepped-up basis in the assets and the ability to deduct any resulting goodwill or intangible asset amortization.