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Noel Santos

 

 

Emmanuel A. Santos JD CPA, Incorporated

447 Sutter Street, Suite 714, San Francisco, CA 94108

 

Phone: 415-362-8921

Fax:     415-362-8924

Cell:     415-412-5839

 

Email: noel@eas-cpa.com

Website: www.eas-cpa.com

 

 Your Business...Your Family...Our Concern

February 2022

You're Selling Your Business?

Clock with words Time to Sell on its face symbolizing stock market buying selling activity or real estate market sell indication

Selling your business can be a bittersweet experience. While you may be excited for the future, it’s the end of an era. Be sure you don’t overlook these considerations.


STAY INSURED
You’ll still need health insurance, which you’ll likely have to pay for on your own. Also, review your disability and life insurance needs. Policies that your company used to pay for will now have to come out of your pocket.


TAX SAVINGS
Work with your tax professional to create a plan to minimize the taxes you’ll owe from the sale. That could include making donations to your favorite charity, gifting money to children and grandchildren or setting up a donor-advised fund.


FREEDOM PLANNING
If you’re retiring, planning for your new free time is just as important as the financial decisions you’ll need to make. Without the routine of working, you may feel lost. Take ample time to prioritize how you want to fill your days to stave off boredom and loneliness. You may find that it takes a year or more to settle into a new routine.


CONTACT US

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