Tip: Use a tax advisor to explore strategies like installment sales to reduce tax hits.
cpa
Financial Cleanup Checklist: Getting Your Books Ready for a Business Sale
I would tell you that better than 70% of the time business owners have made short term decisions in a vacuum without thinking of the end goal of wealth and a exit. Now is all they think of resulting in really horrible outcomes at the time of sale. If your CPA is not having this conversation with you you need a new CPA.
2026 Capital Gaines Tax Change
In sum, the IRS changes for 2026 present substantial planning opportunities and challenges for small, closely held businesses contemplating a sale. Business owners should stay informed and seek professional tax advice to best navigate this shifting landscape.
How Do I Prepare My Business for Sale?
Selling your business is one of the most important decisions you’ll ever make. Whether you’re planning to retire, pursue a new venture, or simply cash out, preparation is key to maximizing your company’s value and attracting serious buyers.
How to Value an Accounting / CPA Firm — Key Considerations
Organize & Clean Up Financial Records
Ensure you have the last 2-3 years of tax returns, profit & loss statements, balance sheets. Normalize expenses: remove or adjust for non-essential costs, owner perks, etc.