Cooper Norman Leadership Transition 2013

Transition Planning is important. It’s one of the things we help walk our clients through as they hand off the torch from one leader to the next in a smooth step forward. We don’t just offer it as a service. We also utilize transition planning in our own business...

S Corporation Basis

S Corporation Basis An S corporation shareholder reports corporate income or loss on the personal income tax return for the year in which the corporate year ends (Sec. 1366(a)). Losses or deductions passed through to the shareholder first reduce stock basis. After...

Qualified Small Business Stock

Qualified Small Business Stock For taxpayers other than corporations, Sec. 1202 excludes from gross income at least 50% of the gain recognized on the sale or exchange of qualified small business stock (QSBS) that is held more than five years. As described more fully...