Basi, Basi & Associates

06/16/2026

Thinking of selling, attracting investors, or just understanding your company’s financial health? A professional business valuation can reveal your company’s true worth and open doors to better decisions. Read our quick guide on the benefits of getting your business valued and how it can help your planning and strategy: https://wix.to/T7txtIg

Knowing the true worth of your business can unlock many opportunities. Whether you are planning to sell, attract investors, or simply want to understand your company’s financial health, getting your business valued is a smart step. This post explains why a professional business valuation matters a...

06/11/2026

How long should you keep past tax returns? Discover clear, practical guidelines to protect yourself during audits, amendments, and financial planning. Learn what to keep, what you can toss, and smart storage tips to simplify record-keeping. Read more: https://wix.to/npMgNm5

Keeping track of your tax returns might seem like a tedious task, but knowing how long to keep them can save you time, money, and stress. Tax returns are essential documents that prove your income, deductions, and credits. They also serve as a reference if you face an audit or need to amend a previo...

06/09/2026

Thinking about changing your business entity type? It can reshape operations, taxes, liability, and growth potential. Our latest blog breaks down what to expect and how to prepare for a smooth transition. Read more: https://wix.to/cKlMRRJ

Changing the legal structure of a business can have significant effects on its operations, finances, and legal responsibilities. Whether a small startup grows into a larger company or an established business seeks more flexibility, switching entity types is a critical decision that requires careful....

06/04/2026

New savings option for kids is here: Trump Accounts launch July 4, 2026 — a custodial-style IRA designed to give minors a head start with compound growth. Our latest guide breaks down eligibility, benefits, and how parents can use these accounts to build long-term financial security. Read the full article: https://wix.to/GY8JBYD

A powerful new tool is arriving to help families build long-term financial security for the next generation. Established under the One Big Beautiful Bill Act, Trump Accounts launch on July 4, 2026. Designed as a specialized type of traditional IRA for minors under age 18, these custodial-style accou...

06/02/2026

Selling a high-value asset? A Deferred Sales Trust (DST) can help defer capital gains taxes while keeping control of your proceeds. Learn how DSTs work, who benefits, and whether this strategy fits your tax plan. Read the full breakdown: https://wix.to/4JGDV0S

Selling a valuable asset often triggers a large tax bill that can significantly reduce the net proceeds. For many sellers, especially those with high-value properties or investments, finding ways to defer or reduce capital gains taxes is a top priority. One strategy that has gained attention is the....

06/01/2026

Congratulations to our legal and accounting teams for their outstanding work in successfully finalizing a $4.5 million deal in the manufacturing industry.

05/28/2026

Mergers and acquisitions can unlock rapid growth — but only with the right strategy. Our latest blog breaks down practical steps to manage risk, align goals, and realize long-term value from M&A deals. Read more: https://wix.to/TExMSio

Mergers and acquisitions (M&A) can transform companies, opening new markets, expanding capabilities, and increasing competitiveness. Yet, the process is complex and filled with risks that can lead to failure if not managed carefully. Understanding key strategies can help businesses navigate this cha...

05/27/2026

**2026 IBBA Annual Conference**

**Workshop:** The Impact of Our New and Existing Tax Laws on Mergers and Acquisitions
**Date:** May 30, 2026
**Time:** 1:45 PM - 3:00 PM CST
**Location:** GREENWAY HI - 2nd Floor
**Presenter:** Dr. Bart Basi
**Track:** The Next Level

Buying or selling a company is often a once-in-a-lifetime event. Not all buyers and sellers are well-versed in the realm of mergers and acquisitions. Additionally, intermediaries sometimes rush transactions, overlooking important details that can leave sellers with significant tax bills or buyers without optimal value. These critical considerations are often addressed too late in the process, leaving limited options for damage control.

Structuring an M&A deal can feel overwhelming, especially with new tax laws that influence the value of companies being bought, sold, or transferred across the United States. Sellers must also think ahead and have a post-sale plan—whether it involves investing in a new venture, deferring taxes, or even eliminating them entirely.

In this session, Dr. Bart Basi, Attorney and CPA, will explore the latest tax provisions included in the new Big Beautiful Bill, as well as existing tax strategies that he employs in deals nationwide.



IBBA - International Business Brokers Association

05/21/2026

Estate planning doesn't have to be confusing. Our quick guide outlines the essential steps to protect your assets and provide for your loved ones — from wills and trusts to tax considerations. Read the full post: https://wix.to/1A7pujG

Estate planning can feel overwhelming, but it is one of the most important steps you can take to protect your assets and provide for your loved ones. Without a clear plan, your estate may face unnecessary taxes, legal battles, or delays in distribution. This guide breaks down the essential steps to....

05/21/2026

🎓🍾🎊 Congratulations to our law clerk, Riley Harris, on her graduation from SIU Simmons Law School! The school celebrated its 50th commencement on May 8th, 2026, graduating over 80 students in the Class of 2026. Riley is scheduled to take the bar exam in July, and we eagerly anticipate her becoming our newest attorney.