Are you a business owner that is looking to sell their business in the near future? Have you considered all the tax implications on whether to sell the assets of the company vs. the shares? You will want to assess the after tax proceeds under both options and use this information as leverage to negotiate the selling price of your business. The buyer will want to assess the quality of the assets and completeness of the liabilities as part of the due diligence to establish a fair purchase price. Having a plan in place to execute due diligence procedures will go a long way to satisfy the buyer's requests and will act as good faith when negotiating a selling price.