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New Tax Law and High Business Owner Confidence Could Lead to Increase in Small Business Sales

Posted by Jane Johnson on Thu, Jul, 26, 2018 @ 10:50 AM

The U.S. Tax Cuts and Jobs Act is some of the most significant tax reform legislation in years, and is expected to lower federal tax rates for businesses, and provide several new deductions for both C-Corporations as well as pass-through entities, including LLCs and S-Corps. Coupled with a strong economy and high business owner confidence, all signs indicate that the new tax law will have a positive impact on business values and business sales for the foreseeable future. Owners who are thinking about transitioning out of their businesses should take advantage of these favorable conditions.

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Topics: tax reform, 2018 tax law, U.S. Tax Cuts and Jobs Act