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Valuation serves various functions, such as litigation in partner disputes and divorces, tax and estate matters, accounting and regulatory compliance, and the heart of it all, mergers and acquisitions. It involves adjusting for non-recurring items, operating assets or liabilities, and accounting conversions.
If your business faces financial difficulties, creditors typically cannot pursue your personal assets to satisfy business debts. If you’re trying to determine whether a C Corp vs. S Corp vs. LLC is right for your software company, we highly recommend consulting with a Certified Public Accountant or other tax expert.
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