Business owners....don’t wait until after you’ve sold your business to think about softening your tax burden. Get proactive.
Today, Justin Bennett shares his words of advice for business owners who expect to have a large capital gain from the sale of their business. He explains how proactive planning can be done to spread out your tax liability over a long period of time. However, the key is to start planning now — not after you sell your business.
In this episode, you’ll learn:
- What kind of planning the Internal Revenue Service allows for around tax liabilities
- Why Justin recommends that business owners take a proactive approach to softening the tax burden
- What steps the Bennett Financial team takes when the sale is pending
- And more!
Listen now and consider how you could soften the tax impact on your wealth!