If you're a business owner, you've likely experienced moments when cashflow feels tight. Whether it's due to an off-season, unexpected expenses, or slower payments from clients, the need for immediate cash can lead to stress and scrambling for solution. But what if...
Installment Sale
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Phillips Business Group LLC: Houston’s Top CPA Firm of 2024
Phillips Business Group LLC has been recognized as Houston's Best CPA Firm of 2024, raising the bar for tax advisory and financial planning in the city. Known for their creative tax-saving strategies, this firm helps small business owners reduce their tax overpayments...
How to Avoid Capital Gains Tax on a Business Sale
A business sale can become quite complicated depending on the type of business structure. When selling a business, this usually involves the disposal of various assets. As such, selling your business may result in capital gains tax. You can minimize, defer, or avoid...