Why do shareholders in an S Corporation care about their stock basis and debt basis?  A shareholder’s basis in the S Corporation stock or debt is very important for multiple reasons.  The article below has been prepared by a tax attorney and business attorney at The McGuire Law Firm to provide additional information regarding the...Read More

In previous articles, we have discussed the types of taxes that are assessed and collected by the City and County of Denver.  One such tax that applies to many businesses is sales tax, and many business owners have questions related to sales tax licenses.  The article below has been drafted by a tax attorney and...Read More

In a prior article, buy sell agreements were discussed in general, regarding the potential benefit to small business owners.  The article below has been drafted by a business attorney to provide general information regarding certain types or forms of buy sell agreements that small business owners may be able to use for their buy sell...Read More

Often when property is gifted, whether directly or perhaps into a trust agreement, the transfer may be incomplete or only partially complete.  An incomplete gift may be from design, and some estate planning attorneys will use an incomplete gift purposefully within an overall estate plan.  Other times, the gift may be incomplete, but not necessarily...Read More

Under Section 2040(a) of the Internal Revenue Code, all jointly owned property must be included within a decedent’s estate, except for any portion that can be shown to have originally belonged to the surviving joint tenant, and that was never received or acquired by the surviving joint tenant from the decedent for less than full...Read More

In a recent article, a Denver business attorney from The McGuire Law Firm discussed a cash for asset acquisition.  The article below will discuss a related type of transaction that is similar, but also quite different called a stock for assets acquisition.  A stock for assets acquisition may also be called “C Reorganization” and can...Read More

If you are a business owner in Denver, the City and County of Denver has a number of different types of taxes that can be assessed by the treasury division and may apply to your business.  The article below has been prepared by a tax attorney from The McGuire Law Firm to provide additional information...Read More

What is a holding company?  Generally, a holding company could be viewed as a company that owns the stock or interests in another company.  For example, Corporation A  could own 100% of the stock of Corporation B and thus Corporation A would be a holding company.  A holding company can potentially reduce risk and exposure...Read More

The McGuire Law Firm provides a free consultation with a business attorney.  John McGuire, the founding partner of The McGuire Law Firm believes it is important to provide a free consultation to small business owners for many reasons.  First and foremost, as a business attorney, Mr. McGuire views his relationships with clients as a long...Read More

What are some of the typical or general documents and agreements that parties will enter into when business assets, business interests or a business are being purchased and sold?  This is a common question a business owner may ask their business attorney when they are preparing to sell their business or purchase a business.  Although,...Read More