Top Tax Considerations in a Business Sale (OF3)
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One of the more common mistakes business owners make is failing to optimize taxes before the sale of their companies happens. The result can be an unexpected, and often painfully large, tax liability. And don’t expect help from the buyer because savvy buyers will work to structure the transaction so that it is as beneficial as possible for them and their tax interests. Don’t wait until after you have agreed to a letter of intent. The key for business owners is to be prepared and proactive. In this podcast Gower Idrees, CEO of RareBrain, outlines what he considers the top tax considerations when selling your business.
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