SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice

129 \\ 7 CPA Strategies to Cut Capital Gains Taxes on Business Sales & Investments

Aug 12, 2024 · 18 min · Episode 29 · 16.4 MB
0:00-18:57

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Selling a business, real estate, or investments can trigger huge capital gains taxes—but smart planning can help you keep more of your money. In this episode, we break down seven strategies that can reduce your tax bill, including tax-loss harvesting, retirement contributions, gifting appreciated assets, opportunity zones, 1031 exchanges, donor advised funds, and income smoothing through installment sales. These are proven methods that require planning ahead, so don’t wait until after the sale. If you expect a big capital gain this year, this episode will help you prepare and use tax strategies that protect your profits.

 

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