If you're tired of overpaying income tax, this book is for you!
Proactive tax planning for 2025 and beyond. This book is designed for business owners who aspire to protect their hard-earned assets, reduce tax burdens, increase cash flow, and enjoy a more fulfilling life. Many tax professionals tend to focus on compliance rather than proactive planning. As a result, they often concentrate on accounting for past transactions instead of identifying opportunities to enhance your future. As an entrepreneur, your attention is always on the future, seeking ways to optimize your business and maximize its value. The purpose of this book is to introduce strategies that can improve your future and provide insights you may not currently possess.
If you are searching for a one-size-fits-all, automated solution that works under all conditions indefinitely, please let us know when you find it. Business environments are dynamic and ever-changing, with unique circumstances for each entrepreneur. Understanding your options and knowing when to apply or adjust them is crucial for effective business and tax planning, optimization, and compliance. This book is packed with tax-efficient concepts and strategies designed to help you retain more of your hard-earned money. As your business and revenues grow, it’s likely that you will outgrow your current structure and tax reporting system.
This book is written for business owners, not tax professionals. To facilitate understanding, we have minimized technical tax jargon and focused on concepts and their practical applications. However, we can provide tax code references where appropriate or upon request for your due diligence or if you have a keen interest in the 80,000+ pages of the Internal Revenue Code.
Many of these concepts and strategies may be unfamiliar even to your trusted advisors. Given the complexity of the federal tax code, no single professional can know it all. Therefore, we have collaborated with some of the nation’s leading experts to bring you the best insights from various specialized areas.
Our goal is to help business owners understand the difference between tax reporting and comprehensive tax planning. Traditional accountants, by nature and training, often act as historians, documenting and reporting past activities to stakeholders. It’s not surprising many tax professionals adopt a historical and compliance-focused approach, with limited emphasis on future tax planning or savings strategies. At this point, you should consider whether your current advisory team includes a tax historian or a proactive tax strategist.
You are ultimately responsible for ensuring you pay the correct amount of tax you legally owe. The key questions are: how much did you overpay in taxes last year, and when will you stop overpaying?
Change requires both knowledge and the willingness to act. Our intent is to provide you with the information and knowledge necessary to decide whether you are ready to make a change or if you are content with your current situation and its future implications.
Happy reading and successful planning.
All proceeds are donated to the Salvation Army.
If you're tired of overpaying income tax, this book is for you!
Proactive tax planning for 2025 and beyond. Selling a business is a once-in-a-lifetime event for many owners—and the tax bill can be staggering. The Business Owner’s Guide to Selling Your Business “Tax Smart” reveals how to legally reduce or even eliminate taxes when exiting your business. This practical, easy-to-follow guide empowers owners to keep more of what they’ve built, avoid costly mistakes, and structure the sale for maximum benefit. Whether you're preparing to sell now or in the future, this book is your roadmap to a strategic, tax-smart exit. Don’t let the IRS take more than its fair share—sell smart, sell strong, sell tax smart.
Sell Smart: How to Keep More When You Sell Your Business
The ultimate guide to a tax-savvy exit every business owner needs before signing the dotted line.
You’ve spent years—maybe decades—building your business. Now you're thinking about selling. Here’s the part most owners never see coming: up to 30-40% of your sale price could vanish in taxes. Capital gains, depreciation recapture, state taxes—it adds up fast. But it doesn’t have to be that way.
Sell Smart is a no-fluff, strategy-packed guide for business owners who want to maximize their exit and avoid costly tax surprises. Whether you’re already in talks or just starting to think about life after business, this book gives you the playbook most sellers never get until it’s too late.
Inside, you’ll learn how to:
- Structure your sale to reduce or eliminate capital gains tax
- Use charitable trusts, ESOPs, and other legal tools to protect your proceeds
- Build a tax-smart advisory team that works together—not in silos
- Avoid the most common traps that cost sellers millions
- Turn your exit into a legacy—for your family, your employees, and your future
This isn’t theory. It’s a field guide built on decades of experience and packed with real-world stories and step-by-step examples. You’ll see how smart owners stack strategies—often years before a sale—to cut taxes, control timing, and walk away with more.
Don't go into the biggest financial event of your life unprepared.
Plan smart. Sell smart. And keep more of what you’ve built.
Change requires both knowledge and the willingness to act. Our intent is to provide you with the information and knowledge necessary to decide whether you are ready to make a change or if you are content with your current situation and its future implications.
Happy reading and successful planning.
All proceeds are donated to the National Christian Foundation.
Begin your journey to pay less tax now!
“Ed writes with wisdom. He has the decades of experience needed to choose and customize the types of strategies discussed in this book. Ed understands the importance of having advisory team members agree on strategies with appropriate input from the client’s CPA. The book provides understandable and practical summaries of sophisticated strategies relevant to many clients who are paying too much in income or capital gains taxes. Any taxpayer trying to accumulate wealth without unnecessary taxes can benefit from the wisdom in Tax Secrets Made Simple.”