Taxes are big when it comes to selling your business, real estate, or even planning your retirement. How can you legally not get buried in taxes, make the most out of your tax situation—and save money? How can you make decisions about taxes on your assets, so you’re prepared with the right information at hand?

This week’s The Dave Kittle Show episode, Dave Kittle will be joined by Marcus Blanchard. Marcus graduated with a Bachelor’s degree in Personal Financial Planning. He also earned the Certified Financial Planner (CFP®), Wealth Management Certified Professional (WMCP®), & Chartered Financial Consultant (ChFC®) designations to further his understanding of financial planning and tax-efficient strategies.

After a while of working for both large and small financial firms, he decided he needed to serve clients at a higher level, his way. In his eyes, the complex issues business owners & investors deal with, along with the tax implications of retiring were not being adequately addressed. With the support of his lovely wife Katie, he founded Focal Point Financial Planning, LLC. Now he can better serve clients by looking where other advisors won’t, helping clients breathe easier about taxes and where their dollars are going.

Reach out to Marcus Blanchard: https://focalpointplanning.com/

We will touch on such topics as:

• How business-owners can legally defer taxes, especially when selling their practice, selling real estate or preparing for retirement at age 50 plus.
• Options to help business-owners get educated before they are ready to sell
• What is the exit sale process if the seller’s gonna sell their practice, and getting valued at a million dollars, how can they legally defer some taxes?
• Ways that practice owners can kind of start planning and understanding the process.
• If you’re thinking about selling your business, it’s probably time to start thinking about what you’re gonna do with the money, and how that helps the broker to build the path on where you are going.
• Potential strategies that sellers could use for the retirement piece of selling their business versus easing into retirement.
• Tax planning is nothing more than deferring the income when your taxes are high, and then later paying the income when your taxes are lower.
• What are the three things to investigate in order to lower your taxes?
• How can you re-invest your funds?