Reducing Taxes Archives - Your ExitMap https://yourexitmap.com/tag/reducing-taxes/ Free Exit Planning Tools for Business Owners Tue, 18 Nov 2025 15:08:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://yourexitmap.com/wp-content/uploads/2026/03/cropped-Site-Icon-YEM-2-32x32.png Reducing Taxes Archives - Your ExitMap https://yourexitmap.com/tag/reducing-taxes/ 32 32 122889523 The Inexperienced Advisor – An Exit Planning Horror Story for Business Owners https://yourexitmap.com/the-inexperienced-advisor/ https://yourexitmap.com/the-inexperienced-advisor/#comments Tue, 18 Nov 2025 15:08:53 +0000 https://yourexitmap.com/?p=10741  This is a cautionary tale for business owners—one that’s “based on a true story.” The facts are real, although the exact sequence of events might raise questions if the IRS were to take a closer look. A small business owner received a $1,000,000 offer to sell his company. He had already been thinking about retirement, and the chance to cash out felt like a perfect opportunity. His original plan had been to sell the business to a long-time employee through a promissory note, but that changed when the cash offer came along. The business’s profits had always been modest, and the employee couldn’t match the ... Read more

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]]> https://yourexitmap.com/the-inexperienced-advisor/feed/ 1 10741 A Cash Balance Plan May be a Great Tax- Reducing Benefit to A Business Owner https://yourexitmap.com/a-cash-balance-plan-may-be-a-great-tax-reducing-benefit-to-a-business-owner/ https://yourexitmap.com/a-cash-balance-plan-may-be-a-great-tax-reducing-benefit-to-a-business-owner/#respond Thu, 26 Sep 2024 14:00:00 +0000 https://yourexitmap.com/?p=9360 Like most business owners, you’re likely exploring ways to strategically grow your revenue, increase profits, and minimize taxes. This is a common goal. As your cash flows increase, you may find yourself seeking ways to reduce your growing tax burden. Often, we explore sensible capital expenditures or business reinvestments that align with your strategic goals, which is a healthy exercise.

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