When working with a seller who is smaller and maybe does not have the tax guidance needed to make good suggestions, what should the acquiring company provide to help the seller? Is the purchaser liable to help the seller understand or follow correct tax procedures?
I am not aware if the purchaser is liable to help the seller with their tax procedures. However when working with a small seller who is not much tax savvy the acquirer in their tax DD should make it simple and break it down step-wise of the requirements.
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