How to Sell Your Business and Save Thousands in Taxes
After working hard for years to build a business, you might be dreaming about cashing in on the value you’ve created by selling it so you can move on to whatever you have planned next in your life.
But selling a business can go really poorly if you don’t plan out the moves you want to make beforehand. In addition to tax and financial implications, legal issues and legacy considerations can also be important to reaching your goals.
That’s why I created the Selling a Business tax consulting service, to help you navigate the complex and often confusing process of selling your business.
Who is This For?
This might be a good fit for you if:
- You’re starting to wonder how much longer you can keep running your business
- You’ve already decided to sell your business
- You’ve inherited a business you don’t want to own
- You’ve received an offer to purchase your business
- You aren’t looking to sell, but would consider selling your business at the right price
What You Will Get from Selling a Business Tax Consulting
The Selling a Business tax advisory service is designed to help you get benefits like:
- Learn how to maximize your after-tax proceeds from the sale by comparing the tax effects of different possible deal structures
- Analyze offer letters from potential buyers for tax impact
- Learn what information to include in your sales contract, that you’ll need for your next tax return, that most small business owners don’t know about
- Referrals to other professionals for business valuation and legal services, when appropriate
- Ongoing support and guidance throughout the process
What Type of Results Can I Expect?
I have seen business owners work for decades and receive next to nothing for their business when they decide to sell (not my clients). Hopefully, that won’t be you.
I have also seen business owners save thousands of dollars in taxes by following my advice and implementing my strategies. For example, I recently helped some clients structure the sale of their small business in a way that cut their tax bill this year by around 30k.
Every business sale is unique, and since just about everything is negotiable in those transactions, I don’t want to generalize and set unrealistic expectations.
That being said, I can probably figure out pretty quickly what an appropriate budget for advice would be if you’re thinking about selling a business now or in the future.
How to Get Started with the Selling a Business Tax Advisory Service
If you’re already a client of Joshua Jordan CPA Inc, email [email protected] or call (541) 639-3598, and we’ll set up a short call to make sure this service is right for you and answer any questions you have.
Not a client already?
Because the right tax advice isn’t one-size-fits-all, we only offer tax advice to clients.
That allows us to invest the time we need to understand your specific situation, goals, and available resources so we can offer the advice that helps you make measurable progress towards meaningful goals.
We are currently accepting a limited number of new clients, click here to learn more about who we work with, and our unique approach to managing taxes.
