Optimizing Your Financial World - Episode 36 (Four Ways to Ease the Tax Bite When Selling Your Business‪)‬ Optimizing Your Financial World

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 Optimizing Your Financial World, 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
1:23 - Tax-related issues are top-of-mind concerns for business owners
2:51 - Transferring your assets regularly over time
4:35 - Selling your business through an installment sale approach
5:51 - The risks associated with an installment sale approach
7:58 - Opportunity Zones and how a business owner can leverage these when selling a business
9:52 - Charitable remainder trusts can be a great solution
11:47 - Addressing the income component with a charitable remainder trust
13:33 - Which of these strategies makes the most sense for you?
15:10 - How to get in touch with Mark and his team to discuss this futher
16:05 - Closing remarks