When selling a business, there are three parties to every transaction, the buyer, the seller and Uncle Sam. Selling a business usually results in a significant tax bill. If you’re not careful, you can wind up with less than half the purchase price in your pocket, after all taxes are paid! However, with skillful planning it’s possible to minimize or defer at least some of these taxes.
- Obtain a basic understanding of how much tax will be paid on the sale of a business
- Obtain a basic understanding of how the sale transaction structure can increase or decrease taxes on sale
- Identify some tax planning strategies that will defer or reduce taxes on sale of a business
- Identify how to avoid some costly surprises from the IRS when selling a business
Meet the Presenter:
Hear from industry expert Shaun Simma, CPA, CVA, CEPA, about tax aspects of selling your business and net proceeds.Meet the Presenter
Thank you to our sponsoring firms:
This meeting will be held at the Minneapolis Club with Club Entrepreneur.
Address: Mpls Club, 729 2nd Ave, Minneapolis, MN 55402