The Senate passed the much anticipated tax overhaul bill this morning. If enacted into law, sweeping changes to both individuals and businesses are on the horizon. In reviewing aspects of the legislation, here are some quick, off the cuff observations:
Administrative Assistant — Performs administrative and office support activities for multiple supervisors. Duties may include fielding telephone calls, faxing, and filing, receiving & distributing mail, receiving and directing visitors, word processing, drafting letters, creating spreadsheets and presentations, and filing. Extensive software skills, Internet research abilities, ability to multitask, problem solve and strong communication skills are required.
If you acquire a company, your to-do list will be long, which means you can’t devote all of your time to the deal’s potential tax implications. However, if you neglect tax issues during the negotiation process, the negative consequences can be serious. To improve the odds of a successful acquisition, it’s important to devote resources to tax planning before your deal closes.