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August 2017 Issue

Providing The Right Direction™ Since 1995

  1. Welcome Note
  2. Stepping Off the Business Merry-Go-Round
  3. Tax Savings for Commercial Property Owners

FROM ANTHONY J. MADONIA

Tony Madonia Tony Madonia

Life can change in a minute. And, life’s changes can significantly impact our businesses. Having a plan that allows for a planned transition, as well as sudden changes can protect your assets. Here are a few staggering statistics:

  • Baby Boomers own 12 Million privately held businesses in the U.S.
  • These businesses are worth an estimated $10+ Trillion
  • At least 70% of these businesses are expected to change hands in the next decade
  • The market will be flooded with businesses for sale – shifting a sellers’ market to a buyers’ market
Are you prepared? Do you have a succession plan? How strong is your management team? Are you competitive?  Is your firm working on the next generation of products and services?
As we enjoy the dog days of summer, now is a good time to assess – your plan, your preparation, your execution. At Anthony J. Madonia & Associates, Ltd., our clients and colleagues are our priority. We are here to support and collaborate to protect your interests. As always, we are focused on Providing the Right Directionâ„¢. If we can be of any help for your legal or tax needs, please feel free to contact us.

STEPPING OFF THE BUSINESS MERRY-GO-ROUND

merry go round Every business owner will one day exit their business, voluntarily or involuntarily. This typically happens when certain business and personal objectives are achieved: the first (and usually prerequisite to all others) is financial security. [READ MORE]

TAX SAVINGS FOR COMMERCIAL PROPERTY OWNERS

By Kevin Cawley, CSSI – Cost Segregation Services

tax saving building Investing in commercial property can provide significant returns. What most commercial property owners don’t realize are the significant tax benefits associated with owning commercial property. For years, large commercial property owners have used Cost Segregation to increase cash flow and grow their businesses. This same method of deduction is now available to owners of buildings from $250,000 and up. [READ MORE]

Anthony J. Madonia & Associates, Ltd.

Businesses need support and advice. They especially need support in times of exponential growth, during economic challenges, and in transition.

Anthony J. Madonia and Associates, Ltd. is a premier law firm located in vibrant downtown Chicago that focuses on Corporate Law, Mergers & Acquisitions, Taxation and Estate Planning.

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Anthony J. Madonia & Associates, Ltd. | 312.578.9300 | info@madonia.com
233 S. Wacker Drive, Suite 6825 | Chicago, IL 60606
www.madonia.com

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