SUDBURY, MA, August 21, 2014 /24-7PressRelease/
-- Kevin F. Long, Esq., CPA, has been recognized for showing dedication, leadership and excellence in professional succession business planning utilizing his accounting, tax and legal training.
Mr. Long established Long & Bott, P.C. to provide an integrated suite of legal services to closely-held businesses, business owners and high net-worth individuals. The principals of Long & Bott, P.C. collectively have more than 40 years of experience in the areas of income tax and estate planning, entity formation, restructuring, mergers and acquisitions, succession planning and representation of taxpayers before the IRS and state revenue departments. They have successfully secured federal and Massachusetts letter rulings to obtain significant tax savings for their clients, utilizing creative structures involving limited liability companies, Massachusetts business trusts, S corporations and partnerships. Recently, they developed a strategy to transition a business to heirs and/or key employees that minimized transaction taxes, eliminated or minimized the need for outside capital, and could be used to convert an S corporation to a limited liability company.
Long & Bott, P.C. is committed to providing close, personal attention to its clients. They take pride in giving clients the assurance that the personal assistance they receive comes from years of advanced training, technical experience and financial acumen. To accomplish their mission, they devote a significant amount of time and resources to professional continuing education and state-of-the-art computer technology.
Mr. Long's other business, Harbor Succession Strategies, provides comprehensive succession planning services for businesses or professional practice owners including cash flow analysis to determine whether an entire purchase price can be financed and the best structure for the acquisition. Harbor Succession Strategies also provides access to lenders who may be willing and able to lend a substantial portion or all of the purchase price.
Mr. Long is a frequent speaker on succession planning, estate planning, entity formation, and tax issues. He has been a panel member of various seminars sponsored by such prominent organizations as the Greater Boston Real Estate Board, the Greater Boston Society of the Institute of Certified Financial Planners, Lorman Education Services, the National Business Institute, Inc., the Massachusetts Bar Association, Massachusetts Continuing Legal Education, Inc. and the Massachusetts Society of Certified Public Accountants, Inc.
Mr. Long received a JD and Bachelor of Science in Business Administration from Boston College. He is also a Certified Public Accountant. Recently inducted into The American Registry, he has served on the Board of Directors for the Massachusetts Society of Certified Public Accountants, Inc. from 1997 to 2005. In the past, Mr. Long has also served that organization as president, vice president of finance, and chair of the Massachusetts CPA Review Technical Advisory Board, and chair of the State Tax and Legislation Committees. In 2007, he was a member of the special tax commission that was created to study the modernization and simplification of the current business tax laws of the Commonwealth of Massachusetts. He is also a member of the American Veterinary Medical Law Association.
An AV Preeminent Rated Attorney by Martindale-Hubbell since 2000, he is admitted to practice in Massachusetts and U.S. Tax Court. Mr. Long attributes his success to his ability to combine his accounting, tax and legal training.
For more information, visit http://www.longandbott.com