Tax and selling a business
How do you know your tax position when selling a business? Selling a business comes with many moving parts and, in addition, many unknown questions. For example, what’s my business worth? How do I know my tax position before I sell my business? How much tax will I have to pay? Can I negotiate the taxes with the Buyer of my business?
There are many more questions, but part of your goal when selling your business is to get the best price and keep as much as possible. The best solution is to get a tax structuring report to learn this information. In addition, and more importantly, the information in the Tax Structuring Report will enable you to negotiate with a Buyer from a place of strength, not weakness. That is, you can proactively manage reasonable expectations with the Buyer instead of having the deal crash because you can agree on the price and terms, not the tax consequences.
Introducing Monty Walker
Just as selling a business has many moving parts, so does the tax structure. Providing accurate information requires not only an experienced CPA but also someone who understands the specific area of the tax code and how it affects both the Seller and Buyer, the many nuances of negotiating a transaction, and how to put all this together. Hence, it’s clear to all parties involved in the transaction.
Monty Walker is located in Texas and specializes in this area of tax advice: helping sellers and buyers obtain the best tax information and put together a structure that’s reasonable to both parties.
Basic Tax Structuring Report sample
If you want a sample Basic Report, please click the following link: Sample Basic Report.
Full Tax Structuring Report sample
If you want to see a sample of the Full Tax Structuring Report, please click the following link: Full Tax Structuring Report sample.
How much do the tax reports cost?
A Basic report costs $1,200 for a single-entity, single-owner business with up to $3 million in annual sales. A Full report costs $2,400 for a single-entity, single-owner business with up to $3 million in annual sales. Call for a price if the legal entity has more than one owner or other complications.
More tax information
Monty put together a PDF with more information about a conference in Florida for business intermediaries. To learn more about the tax structuring reports, please click the following link: More tax information.
Engagement Agreement for a tax report
If you would like Monty to put together a tax structuring report for you, please click the following link to see a sample Engagement Agreement:
Engagement Agreement for a Tax Structuring Report
Even more information
Unlock tax deductions when selling a company in California and learn how to minimize taxes on your business sale.
