Title | : | One of the Worst Tax Planning Mistakes We Have Ever Seen |
Duration | : | 03:28 |
Viewed | : | 1,497 |
Published | : | 19-10-2021 |
Source | : | Youtube |
Most business owners receive very little advice on how to properly structure their businesses for an eventual sale. Years and years of hard work and sacrifice certainly deserve more attention and detailed advice from their tax professionals.
In this video, we share a really simple adjustment that would have saved a family hundreds of thousands of dollars in tax on the sale of their business.
It's a complete shame...As we always say "Accounting is NOT the same as Tax Planning!"
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βAny views or opinions expressed in this video are solely those of the Representative and do not necessarily represent those of Harbourfront Wealth Management Inc. The information contained herein was obtained from sources believed to be reliable, however, the accuracy is not guaranteed. This information transmitted is intended to provide general guidance on matters of interest for the personal use of the viewer who accepts full responsibility for its use and is not to be considered a definitive analysis of the law and factual situation of any particular individual or entity. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or professional advisors. Prior to making any decision or taking any action, you should consult with a professional advisor.β
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