The Proposed Biden Tax Plan Will Double Taxes When Selling Your Business If you are thinking about selling your business in the next 4 years this proposed increase in capital gains tax could have a massive impact on the net proceeds from the sale of your business. Currently, when business owners sell their company for more than $1MM they pay …
What Have We Learned?
It is safe to say that this year was full of surprises. Some businesses thrived, while in other areas jobs were lost, companies were forced to go under, and we even lost loved ones along the way. Many businesses were affected by the pandemic in some way or another. According to a survey conducted by the PNAS (Proceedings of the …
Keep Your Family Intact with Proper Estate Planning
It can be difficult to consider what will happen to your business and your family if you die unexpectedly. Without proper planning, you could be leaving your family and/or key stakeholders in a huge mess. Proper planning allows you to keep your business on the right path even after an unexpected tragedy leaves you unable to continue running your business. …