Prosperl CPA

Effective tax planning begins long before tax returns are prepared. One of the most valuable steps a business owner can take is maintaining organized, accurate records throughout the year. Good recordkeeping not only simplifies tax preparation, but it also provides the information needed to make informed decisions and identify potential planning opportunities.

Read more here: https://smpl.is/amazs

Strong sales do not always translate into strong financial health. Many businesses experience pressure not because they are unprofitable, but because cash is not available when it is needed. Payroll, rent, vendor payments, and unexpected expenses all require available funds, regardless of how much revenue may be expected down the road.

Read more here: https://smpl.is/amazq

Two businesses. Same revenue, same industry. One sells for significantly more. The difference is risk.

Here's the piece I had never considered. If you pay yourself $100,000 and a buyer doesn't have to replace that role, that $100,000 goes back onto your earnings. At a five multiple, that's half a million dollars of sale price from a line you already had.

Almost everything that decides your number happens three to five years before you sell. That's the same window where the tax planning has to happen.

Want to know what that looks like for your business? Apply at prosperlcpa.com/apply and I'll send you a personalized video showing what we can save you.

Educational only. Not advice, and not a client relationship.
Your own facts change the answer.

Day 5 of 5.

You sold something big. Your tax bill is not one number.

The IRS treats a sale as each asset sold separately, so one
wire hits your return as several different taxes. Some of it
is capital gain. Some of it is ordinary income, taxed at the
same rate as your salary.

That split decides what your losses can even reach.

Two things sellers get wrong every year. The rebuy window runs 30 days in both directions, not just forward. And spreading the payments does not spread the depreciation you already wrote off; all of that lands in the year of the sale.

Slide 8 is the order to run them in. All of it by December 31.

Closed a sale this year, or about to? prosperlcpa.com/apply

Educational only. Not advice, and not a client relationship.
2026 figures. Your facts change the answer.

I'll be hosting open calls for anyone who may be interested in tax planning on Tuesdays at 2pm twice per month from September until the end of November. If you're interested in attending at anytime, just let me know the best email to send you the invite.

Day 4 of 5.

Every tax strategy has a ceiling. That's the part almost
nobody plans for.

You can max the biggest one available to you, do it
perfectly, and still write a check that hurts, because the
limit was written into the law on purpose.

One lever pushed to its limit hits a wall you can't move.
Several strategies, each well short of theirs, never hit
that wall.

Which ceiling are you already sitting against?

Apply at prosperlcpa.com/apply. Tomorrow, day five.

Educational only. Not advice, and not a client relationship.
2026 figures. Your facts change the answer.