Selling a business that you’ve worked to build for years or decades comes with an enormous number of considerations—not the least of which is easing the tax burden that accompanies a big sale.

On the latest episode of Your Money & a Cup of Joe, we’re looking at four ways business owners who sell their companies might mitigate taxes.

Let’s dive in!

Chapters:

0:00 - Introduction and overview on the topic of the day

1:15 - Tax-related issues are top-of-mind concerns for business owners and entrepreneurs

2:27 - Transferring assets regularly over time

3:28 - Utilizing an installment sale approach

4:19 - The risks associated with selling your business in a spread-out nature

6:26 - Opportunity zones and how entrepreneurs are utilizing them

8:35 - Leveraging charitable remainder trusts

9:57 - Analyzing the income component within a charitable remainder trust

11:08 - How can a business owner decide which strategy makes the most sense for them?

12:14 - How to get in touch with Joe and his team

13:09 - Closing remarks

Connect with Joe Calao:

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