An exit strategy should be part of your small business tax planning

… you need to develop an exit strategy so that taxes don’t trip you up when you retire or leave the business for some other reason. An exit strategy is a plan for passing on responsibility for running the company, transferring ownership and extracting your money from the business.

Sourced through Scoop.it from: www.seilersingleton.com

Here’s an appropriate quick read that is completely useful for the end of the year, when tax rises like cream to the top of business thinking. Enjoy! EGS will continue to offer courtesy initial consultations in 2019.