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November 2015: Selling your Business to non-family

11/01/2015

When you sell your business to a family member, your objective may be to keep the business within the family and make it as easy as possible for your relative to make the purchase. When you sell your business to nonfamily, however, your primary objective may be to get the highest possible price for the sale while delaying recognition of capital gain for as long as possible by maintaining a stock position in the acquiring company. When you sell to nonfamily, you may not be subject to the same level of scrutiny the Internal Revenue Service (IRS) applies to transactions between related parties. November 2015: Selling your business to Non-family