Top 10 Tax Planning Tips for Business Owners
- Published
- February 9, 2016
- Structure business ownership to multiply access to the capital gain exemption (for 2016 $824,000). Get organized at least two years in advance of sale and include various family members (spouse, children, grandchildren, parents, siblings, etc)
- Structure a transaction to defer half of the tax applicable to the sale of a business. Plan does not require advance structuring.
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