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Transworld

Maximizing Value for Your Business Sale

June 14, 2024 by Michael Shea PA

Essential Business Development Strategies for Business Owners Maximizing your business’s value before a sale is essential. But that doesn’t happen without a little effort. That is why strategic financial planning matters. It enables you to present your company to potential buyers in the best possible light. By meticulously organizing your business sale in advance, reviewing […]

Filed Under: Uncategorized Tagged With: #business sale, #businessvalue, bestbusinessbrokerintampa, tampa, tampabay, Transworld

WOTC and FICA Tax Tip Credit

April 12, 2024 by Michael Shea PA

Small Business Owners rarely leverage all the benefits of ownership. Usually their advisors fail to tell em, they are unaware, or the process to secure the benefit is laborious.

Filed Under: Business Management Tips Tagged With: clearwater, cpa, Lakeland, orlando, smallbusiness, tampa, taxtips, Transworld, winterpark, winterparkcpa, wotc

Successsful Pressure Washing, Window Cleaning & Roof Cleaning Listing Number: 3353-418206

February 29, 2024 by Michael Shea PA

This established company, operating for 13 years, offers a unique opportunity to step into a successful business in Collier and Lee Counties. They specialize in Seal n Lock Paver Sealing with Color Restoration and Roof Treatments to prevent mold, with pressure washing, window cleaning, and dryer vent cleaning as additional services. Here’s what makes this […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: #buyabusiness, #sellmybusiness, cleaning, collier, e2visa, florida, fortmyers, naples, piratecoast, pressurewashing, roof, sealing, sellabusines, servicebusiness, Transworld

How to Treat the Owners’ Salary in a CIM

February 20, 2024 by Michael Shea PA

When an owner is not actively engaged in the business, their entire salary can typically be added back. Since the owner does not fulfill a functional role in the industry, there is no requirement to hire a replacement, and the owner’s current compensation ceases upon departure.

Filed Under: Central Florida News and Related Articles for Business Tagged With: business, businessbroker, cim, ownersalary, tampabusinessbroker, Transworld

What is Form 8594 and Why is it important?

February 11, 2024 by Michael Shea PA

Demystifying Form 8594: Your Guide to Navigating Business Sales and Taxes Buying or selling a business? Hold onto your hats, because IRS Form 8594 is about to enter the stage. This seemingly innocuous form plays a crucial role in ensuring both you and the buyer handle the tax implications of the sale smoothly. But fear […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: 8594, allocation, businessbroker, buyingorsellingabusiness, form8594, michaelshea, tampabusinessbroker, TAXES, Transworld

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