Category: Tax Planning

In the realm of savvy financial tactics, “bunching” charitable donations stands out as a particularly smart move. This strategy offers an opportunity to donate multiple years’ worth of charitable gifts in a single year, amplify your impact on the causes you care about, and save big substantially on your next tax bill. Below, you’ll learn […]

As you work toward implementing your succession plan, and ultimately, selling your business and retiring, it’s wise to also be considering the tax implications from the sale of your business. You will likely receive a substantial amount of money for your business or your share of it, which could result in an increased tax liability if you don’t plan ahead.