In this week’s edition of the M&A digest we discuss what’s up next for private business owners now that the Fiscal Cliff has been averted, the insourcing economic trend and how it affects manufacturers, and the future of the capital gains tax.
“The news on Jan. 2, as you well know, was good. Through last minute wrangling, the so-called Fiscal Cliff was averted. Agreement was reached on tax increases for the wealthy and a number of other issues. The significant impact of tax increases on everyone and required spending cuts were both avoided. Or were they? Essentially the agreement postpones the most painful issues we face: spending cuts and the debt ceiling.”
“A few weeks ago we published an article that examined some very positive long-term news regarding the country’s eventual position as a leader in oil and gas production, which would reduce our dependence on foreign sources of oil over time. Now we have come across another trend that bodes well for the U.S. economically: the ‘insourcing’ of manufacturing jobs.”
“The agreement reached by Congress a few weeks ago to avoid the tax implications of the Fiscal Cliff finally provided the business community with some clarity on taxes for 2013. The American Taxpayer Relief Act (ATRA) addressed the tax components (revenue) side of the equation, but decisions regarding the spending side will be delayed for two months.
As the search for new revenue expands, how high could capital gains taxes go? And what implication does that have for owners of privately held companies?”
© 2013 Generational Equity, LLC All Rights Reserved
What can you do today so that your business will be appealing to buyers when you want to sell it? Learn when you download a free copy of Building and Exiting a Desirable Business today.