Selling your business might be the biggest financial win of your life—but without the right strategy, it could also come with your largest tax bill. In this must-read article, Hunt Demarest breaks down how business owners can protect their profits and avoid costly tax mistakes after a sale. This article was originally published on Ratchet+Wrench.com and reveals why planning before and during the deal is critical.

Demarest walks through key strategies that can significantly impact how much you keep, including how the purchase price is allocated across assets like real estate, equipment, goodwill, and non-compete agreements. He explains why small details—like how much is assigned to each category—can mean the difference between favorable tax treatment and unnecessary losses.

The article also explores powerful tools like 1031 exchanges and opportunity zone investments, while setting realistic expectations about what can (and can’t) be done after the deal is closed. His message is clear: proactive planning and the right guidance can save you tens—or even hundreds—of thousands of dollars.

If you’re thinking about selling—or have already sold—your business, this is essential reading.

👉 Read more on Ratchet+Wrench to learn how to minimize taxes and maximize your exit.