A dominant or controlling shareholder may, for valid business reasons (e.g., to improve the marketability of an investment), voluntarily surrender shares to the capital of a corporation, which raises questions of how the surrender impacts the other shareholders in the corporation. In PLR 202406002, the IRS ruled that a proposed voluntary surrender of shares […]
For high-net-worth individuals, the art of wealth transfer extends beyond merely providing financial assistance to future generations; it is about strategically positioning the next generation for personal success. Unfortunately, it also requires navigating a complex landscape of income, gift, and estate taxes. Many individuals want to provide financial assistance to family members to help […]
Written by: Matt Roetcisoender, CPA, CVA The Tax Cuts and Jobs Act (TCJA) of 2017 significantly changed the tax landscape, benefiting many taxpayers, particularly business owners. However, these provisions are set to expire after 2025, which means strategic tax planning is crucial to maximize current benefits and prepare for the upcoming changes. This article […]
At Frontline, we’ve built our business on relationships. We transitioned to VSH CPAs in 2017, quickly finding alignment between our cultures, which focus on relationships and responsiveness. As we’ve grown from a “mom and pop” to...
Drew Vandenberg, Former CFO / View Testimonial
People. When I think of VSH, it’s in regards to people. Their leadership. The entire VSH team. Our community. Their leadership empowering staff to engage in our community to make great decisions and be both great...
Guy Occhiogrosso / View Testimonial
We’ve worked side-by-side with VSH for more than 15 years, together experiencing substantial growth. Their knowledgeable skills, problem solving, and understanding of our business have helped us make better, more informed decisions. VSH runs their...
Ken and Amanda Dawson / View Testimonial
Before I helped lead a buyout of Burlington-based Eddyline Kayaks in 2017, I’d spent 15 years working in finance in Boston, Massachusetts. I was fortunate enough to work with CPAs from all of the Big...
Scott Holley / View Testimonial
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