You've Sold It: What's Next?
What to Do with Your Windfall At any given time, 80% of business owners are thinking about selling their companies. Of this group, three out of four believe they will sell within the next three years.1 Assuming everything goes smoothly, how will the sale of your business affect your financial outlook? With some care and attention, you may be able to reduce your tax burden, preserve your newly acquired assets, and help provide for your family for many years to come. Tax Crunch Time? With current capital gains tax rates well below those of ordinary income, it is important to…
