
3 minutes read
The Tax Equation in Business Succession
Authored by: Brian Sak, CFP®, CLU®, ChFC®
When it's time to transition a business, the structure of the deal matters just as much as the successor. Whether passing it to family, selling to key employees, or exiting through a third-party sale, each strategy carries its own tax implications—some immediate, others long-term. This article outlines the most common succession techniques, the tax challenges…