Year-End Plans Should Include Exit Planning
COVID-19 brought personal disruptions, massive government outlays and an unusual mix of business and tax law changes. In such “full-plate” circumstances, business owners and their tax advisors may be hesitant to add more to the planning list. Yet, there is another important topic that should added to the business owner’s year-end planning and that is exit planning. The “particulars” of exit planning can include matters financial and tax related, as well as topics that are more personal.