2017 NPGA Southeastern Convention & International Propane Expo
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Alternate Exits: Minimizing Taxes When Internally Selling Your Businesses
(
Room
207A
)
21 Apr 17
12:30 PM
-
1:45 PM
Tracks:
EDU, EDU SESSION, GROUP C
Speaker(s):
Kevin Kennedy, Founder, CEO, Beacon Exit Planning;
Joe Bazzano, COO, Beacon Exit Planning
Exiting goals for many family propane business owners are not to sell to an outside party, but to sell to family members, managers, and/or employees. The good news is these exit options can offer the most tax efficient options; the bad news is many advisers use cookie cutter methods that will clobber buyers and sellers with taxes that can exceed 55 percent. This presentation explores the complex process and demonstrates different paths, values, and tax saving strategies.
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