Lesley Adamo, Vice Chair of the Tax Group at Lowenstein Sandler LLP, This episode is sponsored by The M&A Science Fair, the exclusive event for the industry-leading M&A corporate practitioners. Join us on October 5th in NYC and collaborate with the best in the business to test your hypothesis and refine your strategies. Secure an invite at mascience.com/fair and make sure to use EARLYBIRD for a 20% discount! Episode Timestamps: 00:00 Intro 05:49 Tax Complexities 07:34 Considering Tax 15:05 Start-up Tax liabilities 18:33 Minimizing Risks 21:42 Stock vs. Asset sale 22:58 Net Operating Losses 27:00 Buyer’s Benefits 28:24 Creating a Holding Company 30:00 Equity Compensation 31:33 Efficient Tax Structuring for Sellers 36:59 Negotiations 39:38 Tax Considerations in LOI  43:40 Qualified small business stock 48:59 Relocation for Tax Savings 50:41 Tax considerations during diligence 52:21 Lessons Learned