Posts Tagged ‘Succession planning’
Succession Planning and Taxes: What You Need to Know
If you own a business, planning for future transitions and taxation should start now. Key takeaways Business structure matters for taxes, whether it’s a pass-through entity, S or C corporation, or another entity The Tax Cuts and Jobs Act lowered the corporate tax rate, and it also created the qualified business income deduction for pass-through…
Read MoreShould You Sell Your Business to Employees?
Perhaps your employees would make the best next owners of the business. How do make that happen? “I just work here.” This can sum up the perspective of an average employee who does not own stock or have any real ownership in an organization. There’s no tangible investment. Many individuals go to work to earn…
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