Tax Strategies for Selling an S Corporation: Planning for an Asset Sale
CTP
JUNE 10, 2022
An S corporation might have accounts receivable, notes receivable, or tax receivable. Since the sale has already occurred, these are taxed at ordinary income tax—a rate that taxpayers likely want to avoid since it can be as high as 37%. The sales price of the business will be reduced by anything allocated to liabilities.
93 
Let's personalize your content