Taxes After a Liquidity Event: How Much You’ll Owe & How to Lower It

Key Takeaways:

• Plan ahead for big financial events: Large payouts or sales require smart planning to handle possible tax bills.
• Know the tax impact of what you sell: Selling stocks and selling assets are taxed differently, so it’s important to understand each one
• Use installment sales to spread taxes out: This method lets you pay taxes over several years instead of all at once.
• Balance flexibility with tax savings: Finding the right mix can help you get the best results after selling your business.
• Work with financial advisors early: Getting expert help before and after a sale ensures your decisions match your long-term financial goals.

 

Chapters:

Timestamp Summary

 

1:46 Planning for Tax Implications of Selling a Business

4:22 Strategies for Structuring Business Sales and Tax Minimization

8:02 Strategies for Managing Wealth After a Business Sale

10:54 Advanced Planning Seminars: Bland Food and Tax Flexibility

11:42 Balancing Flexibility and Tax Benefits in Business Sales

 

Powered by ReiffMartin CPA and Stone Hill Wealth Management

 

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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.