Planning to sell your business or acquire another one? Taxes can play a significant role in the outcome of the deal. For tax purposes, a merger or acquisition is generally structured as either an asset sale or a sale of stock (or another form of ownership interest). Sellers generally prefer stock sales, while buyers favor asset purchases — and each approach can have very different tax consequences. Evaluating the tax impact early can help you structure the transaction more effectively and avoid costly surprises after the deal is signed. If a business sale, merger or acquisition is on your horizon, contact us to discuss the tax considerations before you move forward.