The vast majority of deals are asset sales as opposed to share sales. This poses a range of tax challenges to the seller, one of which is recapture tax on depreciated assets and inventory. However, there are strategies that can be employed by sellers who are seemingly traps by their circumstances.
The Cowboys finally drafted a quarterback yesterday in Dak Prescott, but owner Jerry Jones was still kicking himself for the deal he didn’t make two days prior. Via Drew Davison of the Fort Worth Star-Telegram, Jones spent part of his post-draft wrap-up lamenting the fact he wasn’t able to seal the deal for quarterback Paxton…
There has been a huge disconnect between private and public company valuations over the last few years. This isn’t the first time I’ve said it. It probably won’t be the last. During this period of froth, companies were able to raise capital at increasingly ludicrous valuations, and entrepreneurs turned fundraising into a sport. Show More Summary
INDIANAPOLIS — A new Wall Street Journal/NBC News/Marist poll gives Donald Trump a commanding lead ahead of Tuesday's Republican primary here. Among the problems for his GOP rivals, Sen. Ted Cruz (Tex.) and Ohio Gov. John Kasich: abject voter disgust with their hasty agreement to carve up three primaries so that each of them could face Trump […]
Get ready for less! (Although I will probably post a kitten picture when I get home from Penguicon later today. I’m not a monster.) One quick note: As part of the deal with the semi-hiatus is spending less time here, I’m trimmed back the time entries are open to comments to two days. This means […]
For today’s edition of Deal of the Day, Amazon has the “Marvel Animated Features: 8-Film Complete Collection” on blu-ray for just $24.99. That’s 55% off on the collection’s regular list price of $44.88. Join in the action with Captain America, the Invincible Iron Man, the Incredible Hulk, Thor, Wolverine, Dr. Show More Summary
CAIRO (Reuters) - Yemen's Houthi movement and its armed allies seized a military base north of the capital Sanaa on Sunday, dealing a setback to a shaky ceasefire and peace talks in Kuwait aimed at ending a year-long war.
BRUSSELS (Reuters) - Despite deep public misgivings in some countries, the European Union will this week drive forward a plan to grant Turks visa-free travel to Europe as a reward for having reduced a flood of refugees and migrants into Europe to a trickle.
About 30 thousands of people have gathered in Tokyo on a May Day annual rally to protest against the controversial TPP trade deal, Work Union`s Federation said in a statement.
While the investigation into the untimely death of Prince continues, news has emerged that proves Prince tried rehab in order to deal with the hip pain that the 57-year-old experienced. According to KSTP, just because Prince tried rehab in an outpatient treatment format in order to handle the pain and to find a different option... Show More Summary
Iranian moderates who support last year’s landmark nuclear deal have won the largest number of seats in parliament.
On June 18, 2016, at 6 pm the leading online auction house Auctionata will present a special livestream auction in cooperation with Teutloff Photo + Video Collection, which deals with the representation of the human body in contemporary photography. Show More Summary
Career experts weigh in on the steps you can take to tone down your workplace rivalry. There's nothing like the thrill of competing with your work nemesis to bring out your best performance. Just think of some of your favorite rivalries: Peyton Manning and Tom Brady, Katy Perry and Taylor Swift, Luke Skywalker and Darth Vader. Show More Summary
Quarterback Brian Hoyer has found a new team, as the Chicago Bears announced they've reached a one-year deal with the veteran quarterback. Ian Rapoport of NFL Network noted the deal is for $2 million. Jason La Canfora of CBS Sports first...Show More Summary
Yves Smith at Naked Capitalism has just pointed to The unfairness of housing purchases through time. New Deal democrat and Barkley Rosser (at Econospeak) have pointed to problems with rental prices. NDd continues with this post, also pointing to Bill McBride at Calculated Risk… by New Deal democrat Rents are going through the roof! Rent […]
The Chicago Bears did not draft a quarterback over the seven rounds of this year's selection meeting, but not long after it ended, they signed a veteran to backup Jay Cutler. Chicago has signed Brian Hoyer to a one-year deal, general manager Ryan Pace confirmed to reporters on Saturday evening. Show More Summary
How’s Roger Goodell dealing with all of the booing he’s received from the fans in Chicago over the course of the three-day NFL Draft? It looks like he wants more:
Neiman Marcus Last Call is already one of our favorite spots for crazy good sales and deals, but they just upped the ante. This weekend only, you’ll save an additional 35% on one item with code 35NOW at checkout. That means those already low prices you’re used to seeing? Yup, even lower! If you don’t have […]
Ozzie Silna, former owner of the ABA's Spirits of St. Louis has passed away at age 83. We revisit the deal that made him and his brother Daniel legends.
The NFL will have to deal with another member of the Watt family, as the San Diego Chargers made fullback Derek Watt the 198th pick in the 2016 draft. Watt is the brother of Houston Texans superstar J.J. Watt, who has done well establishing the family name in the NFL with four All-Pro selections and three Defensive Player of the Year trophies. Show More Summary