How important are Tax Returns as a means of proving Discretionary Income?

By Hoke - Last updated: Sunday, August 1, 2010 - Save & Share - Leave a Comment

Tax Returns are just one of several means to validate Income. Some Buyers think that Tax Returns are absolute. However, they are not foolproof. There are cases where the Business Seller overstated the Tax Returns. Commercial Banks typically require the recent three years of Seller’s Tax Returns when making a Business Acquisition Loan.

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Posted in Business Valuation, Due Diligence, Financial Documentation, Financing the Business Sale, Improving Business Desirablilty, Preparing the Business for Sale, The Business Buyer • • Top Of Page