Selling a business is a complicated transaction. The long list of business and personal issues that need to be considered is extensive and at times, confusing. Usually at the top of the list is the tax the seller will pay when the business sells. When selling a business, properly structuring the transaction will minimize taxes owed; ordinary tax rates for corporations are 21% and capital gains tax rates range from 15% to 20%.
Zinner & Co. Blog and Newsroom
Selling a Business: Personal Goodwill vs. Business Goodwill
Posted by
Zinner & Co. on Jun 2, 2015 9:52:00 AM
Topics: capital gains, Taxes - Corporate & Business, Taxes - Planning, Rules and Returns, Business - Management, Issues & Concerns
Posted by: Robert O'Neil, CPA
Topics: capital gains, Taxes - Planning, Rules and Returns, Taxes - Individual, Estates, Gifts & Trusts
