Family & Closely Held Businesses
“Relationships beyond calculation” begin with the families we serve.
Family businesses are the bedrock of Janover. We understand the unique and often complex dynamics of family businesses because we have helped them thrive and grow for almost 80 years. From formation to next generation transitions, we have guided many of our family business clients to greater profitability, savings and efficiency for decades.
Our work with family or closely held businesses is always a collaborative endeavor. We get to know everyone involved, learning the goals and concerns of each family member or stakeholder. Lines of communication are always open, and no one will ever have to wonder where things stand or what the best options are. If we discover gaps of understanding between your family and family business, or even between family members or stakeholders, we know how to bridge them. Often, clear explanations and creative, mutually beneficial strategies will unite everyone concerned. We can also help you set and manage expectations that are in line with your collective risk tolerance.
Janover provides a full range of tax, accounting and advisory services to family and closely held businesses. Our many areas of expertise include:
- Choice of business entity
- Family limited partnerships
- Compensation strategies
- Employee benefit plans
- Pension, profit-sharing, 401(k) and other retirement plans
- Sales, use, rent and payroll tax compliance
- Mergers, acquisitions and related due diligence
- Succession planning and ownership transitions
- Estate planning
Working in a family business is much more than an ordinary job. The Janover team would say the same thing about working on behalf of one.