Wiley Financial Services

There are a handful of common reasons why a business owner needs to evaluate the value of their business.  Some common examples are; looking to sell; looking to merge or acquire another company, needing financing or investors, possible tax purposes, and possible for divorce proceedings.  Each valuation will be determined by the scenarios mentioned above.  As an example, in a sale scenario, the majority of private small businesses are sold as asset sales, whereas the majority of middle-market transactions involve the sale of equity—each of these sales would require a different business valuation method.  With all this in mind, now it’s time to explore some of the most common business valuation methods, keep in mind you’ll want to work with a  business appraiser  to get the most objective assessment of what your business is worth.  Most small businesses are sold as asset sales, whereas middle-market companies are typically equity sales. This is ...

  A business valuation provides the business owner with multiple facts and figures regarding the actual worth or value of the company in terms of market competition, asset values, and income values If you have not had an assessment of your business’ value over the course of the last twelve months, you should consider it. A business valuation provides the business owner with multiple facts and figures regarding the actual worth or value of the company in terms of market competition, asset values, and income values. This information is something that all business owners should have available. Obtaining a business valuation should also be completed yearly to display company growth.Here are 5 benefits of getting a business valuation .   1. Better Knowledge of Company Assets It is significantly important to obtain an accurate business valuation assessment. Estimates are not acceptable as it is a generalization.Specific numbers need to be gained from valua...

  October 15 is fast approaching. That’s the last day to file for most people who requested an extension for their 2020 tax return. These taxpayers can file any time on or before Friday, October 15 if they have all their required tax-related documents. They should also pay part or all their taxes since amounts owed after May 17 this year could be subject to penalties and interest. Here are tips extension filers should remember. Use IRS Free File. Nearly everyone can e-file their tax return for free through IRS Free File. The program is available on IRS.gov through October 15. E-filing is easy, safe and the most accurate way for people to file their taxes. Filing electronically can also help taxpayers determine their earned income tax credit, child and dependent care credit, and recovery rebate credit. If someone is eligible for a recovery rebate credit – and either didn’t receive Economic Impact Payments or received less than the full amounts – they ...