Stop! Don't Take Those Tax Deductions If You Plan to Sell Your Business

Stop! Don\'t Take Those Tax Deductions If You Plan to Sell Your Business - http://smallbiztrends.com Avatar Posted by SJC under Taxes
From http://smallbiztrends.com 2408 days ago
Made Hot by: luvhealthcare on March 20, 2015 4:41 pm
As tax season looms again for small business owners, it’s time to think about those deductions.
But wait!
Though common sense may tell you to take as many as you can, that could be a bad strategy long term.
That’s especially the case if you plan to sell your business.
Why?
Because experts say too many deductions may make your company look less profitable to prospective buyers.





Comments


Written by tiroberts
2403 days ago

Interesting info. I didn't know that taking tax deductions affects the sell of your business. Good to know.



Written by lyceum
2407 days ago

What will happen if you don't deduct taxes before you sell you business? Will the buyer have to pay these taxes?



Log in to comment or register here.
Subscribe

Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!