Dave Richards, Managing Partner

Dave Richards, Managing Partner
Dave has experience in all areas of federal and multi-state taxation and is the partner in charge of the firm's Transaction Advisory Group. He regularly advises firm clients on selling their business, mergers, acquisitions, and joint ventures.
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Recent Posts

Strategic Insights for M&A Success

In today's market, navigating the complex tax landscape and adopting a strategic approach are indispensable for unlocking value and ensuring the success of M&A transactions.

2024 M&A Outlook

After a slow year, the landscape of Mergers & Acquisitions (M&A) appears poised for a significant surge. With global economies stabilizing post-pandemic and a renewed sense of optimism prevailing in the business world, companies are gearing up to capitalize on strategic opportunities and drive growth through acquisitions.

Tax Considerations in M&A Transactions

Despite merger and acquisition activity being down in early 2023, there are still many companies being bought and sold. If your business is considering merging with or acquiring another business, it’s important to understand how the transaction might be taxed under current tax laws.

Impacts of Your PPP Loan on Year End Tax Planning

Since the inception of the Paycheck Protection Program (PPP), there have been many questions around the taxability of loan proceeds. As we approach the end of the year, it is imperative to consider the details of your PPP loan in regard to year-end tax planning.

5 Ways to Position Your Business for Maximum PPP Loan Forgiveness

The Small Business Administration's (SBA) Paycheck Protection Program (PPP) has been seen as a lifeline for small businesses impacted by the COVID-19 pandemic, with the most significant benefit being that up to 100% of the loan is eligible for forgiveness.

Governor Charlie Baker Announces Massachusetts COVID-19 Relief Fund

On April 6, 2020 Massachusetts Governor Charlie Baker and First Lady Lauren Baker announced the establishment of a COVID-19 Relief Fund to assist Massachusetts residents who have been most impacted by the Coronavirus pandemic.

3 Things Lenders Look For in a Succession Plan

Do you have a succession plan for your business? Having a clear succession plan is in the best interest of business owners’ families and their employees. However, there’s someone else who holds a key interest in the longevity of your company—your  lender.

What Business Owners Should Know about Changing Tax Laws

You've likely heard about the U.S. Supreme Court's decision in the South Dakota vs. Wayfair, Inc. case, and its impacts on the e-commerce industry, consumers, and state and local governments. The June 2018 ruling overturned decades of precedent when it comes to the taxation of revenue from out-of-state sales, allowing states to collect tax where they previously could not. 

But did you know that the ruling will also impact buyers and sellers of businesses?

How Will Tax Reform Impact M+A Activity in the US?

The recently passed Tax Cuts + Jobs Act (TCJA) includes changes that impact almost all aspects of the current tax system. Some of these changes will also directly impact the volume of mergers and acquisitions (M+A) we see happening across the country in the near term, as well as the way deals are modeled and negotiated.

Could Your Business Benefit From a Merger or Acquisition? Top 7 Reasons for M+A.

I’ve helped countless business owners sell their businesses over the years. On the other side of the spectrum, I’ve also helped business owners expand their businesses through mergers and acquisitions (M+A). The benefits that can come from M+A are numerous.

Below, I’ve outlined some of the top reasons our clients have decided to merge with or acquire a new business: