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.