Tax Bill Provides Relief for Minnesota Businesses and Residents

July 22, 2021  |  Barton Walter and Krier

Earlier this month, the Minnesota Legislature passed a tax bill to finish the proposed $52 billion budget and avert a partial state government shutdown. Both legislative chambers passed the bill in a special session that was necessary after lawmakers reached an impasse and failed to complete the job before the end of the fiscal year in June. The bipartisan omnibus bill was approved and signed into law by Governor Tim Walz on July 1, 2021. Read on as we take a closer look at the new tax bill and how it provides much needed relief for Minnesota businesses and residents. Conformity to federal tax law The bill includes conforming to selected federal tax changes enacted by Congress since December 31, 2018. In addition, it solidifies a proposal that endorses an initial agreement between the governor and the legislature regarding COVID-relief for Minnesota businesses and individuals. Under the new law, businesses that received funds as part of the Paycheck Protection Program (PPP) will now be allowed to fully deduct the amount on their state income taxes. Moreover, workers who collect payments from unemployment insurance (UI) will be able to deduct them up to $10,200. Other highlights from the bill While the bill focuses primarily on COVID relief and K-12 education, it also includes changes […]

Read More

How Sell-Side Advisory Services Can Create Value

July 14, 2021  |  Barton Walter and Krier

Selling your company is one of the biggest business decisions you will make as a business owner. You’ve spent years growing your organization and you’re a trusted expert in your field. But when it comes time to plan your exit strategy, you may have more questions than answers. How do you prepare for the sale? Where do you find a buyer? What about business valuation? A sell-side advisor can help guide you through the entire process from defining objectives to closing the deal. Read on as we look at how sell-side advisory services can create the most value for your business. What is a sell-side advisor? A sell-side advisor is a deal consulting professional who represents a company looking to be acquired. Sell-side advisors are a critical member of the divestiture team. They are a strategic partner with an expert understanding of the M&A landscape who can attractively position a business for sale as well as help minimize risk and maximize valuation. The advisor provides a wide range of services throughout the cycle including: Due diligence Pre-sale analysis Financial modeling Quality of Earnings report Deal-basis financial statements Net working capital Dataroom preparation Negotiations And more! Just as you wouldn’t represent yourself in court without a trained professional, having a trusted advisor to support […]

Read More

Transaction Advisory Services: Maximizing Value and Leveraging Opportunity

February 18, 2021  |  Barton Walter and Krier

Designing the optimal deal requires a thorough understanding of market dynamics and key issues that affect various industries. Balancing transaction objectives with accounting, tax, regulatory, HR, and commercial considerations is critical to ensure that the acquisition is the right fit for the right price, for the both the buyer or seller. Read our blog as we discuss how our Transaction Advisory Services maximize value and leverage opportunities throughout the full spectrum of the transaction lifecycle.  What are Transaction Advisory Services? Transaction Advisory Services (TAS) allow clients to make informed business decisions for a buy – or sell – side transaction or through expert qualitative, value-driven analysis. Barton, Walter & Krier’s TAS professionals perform a thorough review of financial, operational, and strategic considerations for a potential deal, helping clients gain a clearer perspective on the opportunities and risks it may present. Key offerings and solutions BWK Transaction Advisory specialists work across multiple disciplines and services with both financial (private equity, family office, or sponsor) and strategic (corporate) stakeholders to help navigate the complexities of buy-side and sell-side transactions. We approach each deal with knowledge, discipline, and a commitment to maximizing value for our clients within their defined risk profile. Buy-side solutions Our pre-and post-transaction buy-side services help clients assess risks and opportunities so buyers […]

Read More