Selling your accounting practice: one firm, three endings
A 8-minute movie for firm owners and the CPAs who advise them. Linda is a made-up 63-year-old CPA with 700 clients, a $3 million firm and almost no basis. See what each ending keeps: cash at closing, an earnout, a fixed price paid over time, and the mix.
In this class
- What is in the price and how each piece is taxed
- The net investment income tax question for an active owner
- Earnout vs. a fixed price paid over time, with real numbers
- Client notice and file rules to check first
- Bring your CPA: the scope call is built for it
Watch the full class free
Enter your email and the full class opens right here. We also email you the link.
Want this run on your own sale?
Book the free scope call. Hans looks at your sale himself and replies within 1 business day.
Education, not legal or tax advice. Hans is an Enrolled Agent (EA), admitted to practice before the Internal Revenue Service. He is not a CPA, attorney or registered investment adviser; the analysis models tax effects and does not recommend specific securities. Examples are general and hypothetical; your numbers depend on your facts. Coordinate any decision with your CPA and attorney.
Hans Goldstein is an Enrolled Agent, admitted to practice before the Internal Revenue Service. Not affiliated with or endorsed by the IRS. General education, not tax or legal advice for your situation.
Conflict of interest: Hans is also a licensed insurance producer with a separately owned insurance business. That business is not part of this engagement, and the analysis does not recommend insurance products. If you later choose an installment sale funded through an insurance company, that company pays Hans a commission through his separate insurance business.
Hans Goldstein: Tax & Exit Planning, 1401 21st St, Ste R, Sacramento, CA 95811.