Tax compliance costs are especially high for small and closely-held
businesses, and complex rules often prevent them from maximizing their ability to invest and create jobs.
Koransky joined the firm in 1993 and specializes in providing accounting and consulting services to real estate entities, synagogues and closely-held
Though a closely-held
company and not required to conform under SOX, it chose to do so as part of its internal control structure.
In "Discounting Minority Stock Interests in Closely-Held
Corporations: When and How Much?
In response to the Administration's belief that certain closely-held
structures are being used to facilitate corporate tax shelters, the proposals would add a new ownership requirement that would prohibit ownership of more than 50 percent of a REIT's stock by vote or value by any person (not only an individual) other than another REIT.
To reduce estate taxes, owners of closely-held
businesses typically make large stock gifts over a number of years, quickly exhausting the $10,000 annual and $625,000 lifetime tax exclusions, explains Lee S.
Ben Bisconti, Managing Director of Accel-KKR, said, "This transaction further illustrates the power of the Accel-KKR model - Providing partial liquidity for family-owned and closely-held
technology businesses, and then working closely in partnership with the owner-operators of these businesses to build significant additional value over time.
Advising companies since 1989, SEG serves the needs of companies ranging from closely-held
middle market companies to Fortune 500 companies in industries such as: branded consumer products, software and technology, manufacturing, insurance, transportation and logistics.
Strategic Equity Group, located at 6 Hutton Centre Drive in Orange County's South Coast Metro Area (Santa Ana), was founded in 1989 to serve the advisory needs of companies ranging from closely-held
middle market companies to Fortune 500 companies in industries such as healthcare, software and hardware, technology, manufacturing, insurance, and consumer products.
Strategic Equity Group, which recently relocated to 6 Hutton Centre Drive in Orange County's South Coast Metro area, was founded in 1989 to serve the advisory needs of companies ranging from closely-held
middle market companies to Fortune 500 companies in industries such as: software and hardware, high technology, manufacturing, insurance and branded consumer products.
was organized in 1989 to provide highly personalized financial services primarily to affluent individuals, professionals, owners of closely-held
businesses and commercial real estate investors.
Brouse McDowell serves as legal counsel to Fortune 500 companies, financial institutions, closely-held
businesses and individuals.