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Wednesday, November 3, 2010

Small business capital gains exemption

Taxation is a big factor in any business succession plan. It's important that someone selling or otherwise transferring a business understands how the tax arising from the transaction will affect everyone involved. I've found an article by Mark Borkowski that discusses how a seller can use the lifetime capital gains deduction. Click here to read it. This is really well-explained and readable, so I suggest that any business owners who are contemplating an estate freeze or who want to know more about taxation in business succession planning should read this article.

1 comment:

  1. When you start up a business it is always important to consider tax payments and credits when you get capital using business loans.


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