D
damut
Guest
What is the name of your state? OHIO
We are interested in selling our c corporation.
For income tax reasons, we would prefer to realize the income from selling the business over a five year period rather than just in the year of the sale. Is it possible to sell a c corporation using an irrevocable trust so that the money may be set aside thereby guaranteeing that it will be distributed over the five year period?
Thanks.
Damut
We are interested in selling our c corporation.
For income tax reasons, we would prefer to realize the income from selling the business over a five year period rather than just in the year of the sale. Is it possible to sell a c corporation using an irrevocable trust so that the money may be set aside thereby guaranteeing that it will be distributed over the five year period?
Thanks.
Damut