| 11/8/06 TODAY'S TIPS, WORKSHOPS, & RESOURCES |
| SELLING YOUR BUSINESS TIP - Sell your business and avoid immediate taxation while growing the net sale proceeds in a tax free manner using a Private Annuity Trust (“PAT”). The PAT provides an exciting new tool that allows individuals selling their businesses the opportunity to place the net sale proceeds from the sale into the PAT and pay no taxes at the time of sale. Instead, the entire tax obligation is exchanged for a deferred tax liability in the year payments are received and then only for the amount received in each calendar year. Once the payments are received, a portion will be subject to capital gains tax, a portion will be a tax free return of capital and a portion may be ordinary income. Contact Jeffrey Sherman with Quantum Business Solutions Network at 877-727-6382 for more information! Need SBA Loan Financing To Buy A Million Dollar Business? BizBuyFinancing.com offers SBA business purchase financing on deals priced between $400K and $5M. Get SBA financing in 24-34 days. The approval process takes 2-4 days. For more information, tips, and SBA loan financing blog go to www.BizBuyFinancing.com. Check Out Weekly Workshops For Buying & Selling Businesses! Want to stay in and take a workshop online? See the online webinar schedule on how to buy and sell a business at www.USABizMart.com/education |
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