Episode 63. He Sold His Painting Business for $2,000,000

Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started! This painting contractor, Joe, sold his business for $2,000,000 using installment sale tax strategy but he had an unexpected tax bill EVEN though he had an installment sale set up. In this podcast, I covered exactly what went wrong and how to be prepared in the future for this. An installment sale allows a business owner to receive payments over several years instead of col...