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CPA’s are the most trusted advisor in a business owners circle, and for good reason. Year in and year out, we put 100% confidence in our CPA to file taxes on our behalf, complying with all IRS regulations. For the most part, they do a very good job at this. A much smaller group however are knowledgeable about advising on tax matters related to the sale of a business. No horror stories here, but we’ve had clients who received really bad advice from their CPA on the sale of their business. Let’s agree that keeping more of the proceeds from the sale of your business for you and your family is a reasonable goal. In that regard, a few hours invested with a tax specialist prior to selling your business will give you peace of mind and most likely save you a portion of your proceeds that otherwise would have gone to Uncle Sam.

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