Failing to engage in the necessary due diligence before and during a merger or acquisition can lead to costly and potentially devastating business challenges down the road. Buyers typically examine financials, business projections, and most obvious assets and liabilities, investigating every possible pitfall so that the level of risk involved is acceptable enough to move forward.
But even savvy buyers often overlook state tax issues, in some cases discovering only after it’s too late that the company they’ve just acquired brings with it a sizable state tax liability.
MAXIMUS assists companies dealing with these issues and we offer this general advice for purchasers: Continue reading
