We all have dreams of retiring someday, and if you’re a business owner, you probably have some thoughts about how you would like to leave your business. 

As you are contemplating which exit planning route is right for you, there are some pretty major considerations you should be aware of that could ultimately impact the overall value of your business — and if you don’t address those issues now, you could be throwing up roadblocks before you even get started. 

Joe Popp, Principal and Director of State and Local Tax (or SALT) services at Rea, returns to share some SALT-related exit planning considerations that all business owners need to know.

Listen to this episode of unsuitable to learn:

• SALT issues that can impact your earnings before interest, taxes, and amortization (EBITA)
• SALT issues that can impact your reps and warranties
• Where to start doing your due diligence

Learn more about this topic:

• Listen: “episode 207: how to sell your business for top dollar”
• Listen: “episode 173 – back to the basics of business valuations”
• Read: “What Legacy Do You Want To Leave?”
• Read: “Wayfair – One Year Later”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast.