Recommendations Received (6)
"I worked with her and she always answers all my questions. "
"Nice local accountant!"
Recent Activity
Hello,
I am a CPA with multiple years of pharmacy client's background. Feel free to call me or email me to have a conversation.
Ph: 813-784-6095
email: maitri@mataxfirm.com
FYI: I have Florida phone number but I am located in Foxborough, MA.
Thank you,
Maitri
(more)
Hello,
I am a CPA with multiple years of pharmacy client's background. Feel free to call me or email me to have a conversation.
Ph: 813-784-6095
email: maitri@mataxfirm.com
FYI: I have Florida phone number but I am located in Foxborough, MA.
Thank you,
Maitri
The first thing the person should determine that which type of entity formation is the right fit for their business and business vision.
(more)
The first thing the person should determine that which type of entity formation is the right fit for their business and business vision.
Assets can be inventory, cash, and fixed assets (Equipment, furniture, buildings) you can sell the fixed asset and recognize the gain or loss based on the net value on the books. You can payoff all the outstanding liabilities with cash and renaming cash can be taken as distribution. The...
(more)
Assets can be inventory, cash, and fixed assets (Equipment, furniture, buildings) you can sell the fixed asset and recognize the gain or loss based on the net value on the books. You can payoff all the outstanding liabilities with cash and renaming cash can be taken as distribution. The inventory can be return back to supplies if possible; otherwise sell at discount.
There are many things to consider when you are trying to close or sell the business. The type of entity plays significant role as well.
Maitri Patel, CPA
