Closeup of man hand filling income tax forms. Photo: Pcess609/Adobe Stock

As Tax Day 2024 approaches, we encourage independent agency owners to meet with their tax expert to review their current tax structure and to better understand the tax implications of a potential sale now, or sometime in the future. Ask your tax expert to lay out various scenarios for you and to help you determine if you are structured to minimize your yearly tax burden, and the tax liability you will face when you eventually sell your agency.

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