Are you interested in learning about a tax strategy that could save you thousands (or more)? If you sold your business tomorrow, how much would you actually keep after taxes?
For many business owners, the answer is far less than expected.
In this episode of Biz Help For You, I sit down with Kevin Brunner to talk about one of the most overlooked aspects of selling a business, tax planning.
We dive into advanced strategies like the installment sale trust and how proper planning can help you defer taxes, increase your return, and create long-term income after your exit.
If you are planning to sell your business someday, or even thinking about it in the next few years, this is a conversation you do not want to miss.
Table of contents
Key Notes:
• Why most business owners lose more to taxes than they expect
• What an installment sale trust is and how it works
• The difference between tax preparation and tax planning
• Why waiting too long to plan your exit can cost you
• How to turn your business sale into long-term income
• Risks of seller financing and how to avoid them
• When you should start planning your business exit
Links:
Find contact information at https://affordablebookkeepingandpayroll.com/resource-thank-you-list/
Bonus content: How Changes in Tax Law Can Affect Your Exit Planning Strategy https://www.youtube.com/c/CandyMesser/join
Offer:
Set an appointment to chat and receive 3 free books:
Cash Out Clean, Just Say No to Bad Financial Advice, and How to Beat the IRS Legally
Find Access info: https://affordablebookkeepingandpayroll.com/resource-thank-you-list/
About Kevin Brunner:
Kevin Brunner is a seasoned professional with over 20 years of experience in financial services. He has a special focus on doctors and business owners, and has spent over 30 years consulting businesses from startups to turnarounds. His philosophy is that retirement is about income, not assets, because not all assets return the same income.
Kevin was featured as an advisor in Forbes magazine in 2015, hosted the Smart Money Hour radio show, and leads a team of CPAs and attorneys trained in the principles and strategies of retirement income planning, business planning,wealth preservation, and asset protection.
