Discover tax strategies to maximize net proceeds from business sales, covering QSBS, charitable trusts, and F reorganizations.
It is estimated that over 75 percent of the 12 million businesses owned by Baby Boomers will be sold within the next decade. In many transactions, the best that a seller can expect is to keep 65% of the sale proceeds after paying taxes. Advisors need to be able to help these owners take advantage of strategies that can reduce transaction taxes and maximize the net proceeds from the sale of the business. This presentation will examine three tax minimization strategies that can greatly reduce, and in one case eliminate, the tax on the sale of a business. The live webinar will take a deep dive into qualified small business stock, the use of charitable trusts and how to utilize an F reorganization to minimize taxes.
Learning Objectives
- You will be able to QSBS and help position clients to obtain its benefits.
- You will be able to discuss effective pre-sale tax strategies to reduce taxes.
- You will be able to explain the uses and benefits of charitable trusts.
- You will be able to identify situations where the use of an F reorganization in the sale of an S corporation could be beneficial.
Agenda
Understanding Qualified Small Business Stock (QSBS) and Its Tax Advantages
- What Is QSBS
- Eligibility Requirements
- Tax Benefits of QSBS
Using Charitable to Trusts to Minimize Taxes
- Introduction - Definition
- Charitable Remainder Trusts
- Charitable Lead Trusts
- Tax Benefits
Using an F Reorganization When Selling an S Corporation
- Introduction to F Reorganizations
- Legal Framework and Structural Overview
- Benefits to the Buyer and Seller
Speakers
Walter Deyhle, CPA, ABV, CEXP,
ENNIS Legacy Partners- Consultant with Ennis Legacy Partners
- Recently retired partner from a top 115 CPA firm
- Previously headed the firm’s tax group, business valuation, and exit planning practice areas
- Frequent presenter on tax and exit planning topics
- Co-host of the ExitReadiness Podcast with over 150 episodes produced
- Member of the American Institute of CPAs, Financial Planning Association, and Exit Planning Institute
- B.A. Degree in business management; M.S. Degree in taxation
Who Should Attend
This live webinar is designed for accountants, CPAs, controllers, CFOs, tax managers, finance directors, presidents, vice presidents, CEOs, business owners, bookkeepers, tax preparers, and attorneys.
