RareBrain Podcasts

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Jul 7, 2016

Selling a business is usually a good-news, not-so-good news scenario. The good news for the business owner is that with careful planning they have just sold their company for maximum sale price. The downside is that if the business owner has not planned properly, they could face a massive tax bill. It is not unheard of for a business owner to wind up with less than half of the purchase price after taxes. Complicating the issue further is that what is good tax-wise for the seller is often bad for the buyer and vice versa. In this podcast Gower Idrees, CEO of RareBrain, offers suggestions on how to minimize taxes on a business sale.

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