Business Exit Planning

Qualified Small Business Stock (QSBS) is a tool that can provide not only a tax break but become a financial engine that can drive future charitable impact.This article will explain what QSBS is, the tax advantages it offers, and how it can help a business owner build a long-term charitable legacy.

For many business owners, leaving the business they built over the years can be a difficult decision. A partial exit may be the solution they need.

A charitable lead trust (CLT) can build an “impact first” strategic legacy that allows you to support the causes you love in the present while providing for your heirs in the future. By structuring your CLT, you can also claim various tax advantages depending on what is most important to you.

One of the tools that may deserve consideration during a business exit is establishing a private foundation at the time of the business sale. It serves as a powerful tool in lessening your tax exposure and becomes the base of charitable giving that can last forward through multiple generations of your family.

For a business owner looking to sell, the myriads of emotions and practical business needs that they face can be overwhelming. How do you ensure that you get the best price? What do you do next with your life post-sale? How do you lessen the tax impact that you will be faced with?This article will focus on some of the tax concerns that are faced during a business exit and how a tool like a charitable remainder trust can lessen the tax bite.

For a business owner, selling their business may be the most significant financial decision in their life. But what if that sale not only brought the monetary windfall desired, but did it in a way that lessened any tax impact, and allowed a long-lasting charitable legacy to be built? By utilizing both an ESOP and charitable trust together, the business owner can get the best of all outcomes. Planning a business exit? An ESOP and a charitable trust are a powerful duo. What is

When a business owner contemplates selling, their concerns extend far beyond the sale price. A major emotional barrier is the potential impact on their legacy and their long-time employees. The owner often views these employees like family, bound by years of shared struggles and successes. The deepest fears when searching for a buyer include: Employee Welfare:  Will a new owner conduct massive layoffs, particularly of dedicated, long-term staff? Business Legacy:  Will the com

For a business owner looking to sell their business, putting advance thought to what you want to do with the next chapter in your life is as important as finding the right buyer and  the best price for your business. Planning for a life of purpose will take the same level of strategic thought and due diligence that was required to make your business a success. This article will focus on the necessary steps involved to make the best charitable impact from your business windfal

Making a decision to sell your business is filled with a blend of pragmatism, worry, hope and indecision. Business owners who have spent decades building their companies into enduring enterprises may no longer possess the same drive they had in the beginning. They may realize that it is time for them to move on and devote their attention to new interests, passions or rest, allowing the business to grow with new leaders at the helm. With the thought of selling a business brin

After working for decades building their business and watching it grow through good times and tough circumstances, it's common for an owner to consider retirement and find a new buyer. A major concern for many sellers, however, is the significant tax they may owe on the sale, often referred to as the capital gains tax bite.