If you have the option to sell the stock of the company instead of the assets. That make the sale a capital gains tax. I think that only works if you are setup as a C corp or S corp though. Spread it out over a term if you trust the buyer to pay you off. That also reduces your income per year and spreads it out over a term .
From: "Matt Hoppes" <[email protected]> To: "AnimalFarm Microwave Users Group" <[email protected]> Sent: Sunday, December 20, 2020 10:26:44 AM Subject: Re: [AFMUG] WISP Broker So for any of you who have solid: How did you cushion taxes? If you got 600,000, 1 million or 2 million - that’s still going to be w huge tax hit. Also did you do anything for your employees? For example give them some of the sale proceeds? And if so did you just lump sum it or set something up to help them with money management and tax liability? On Dec 19, 2020, at 3:41 PM, Mike Hammett <[email protected]> wrote: BQ_BEGIN Maybe I ought to call them before you do. ;-) ----- Mike Hammett [ http://www.ics-il.com/ | Intelligent Computing Solutions ] [ https://www.facebook.com/ICSIL ] [ https://plus.google.com/+IntelligentComputingSolutionsDeKalb ] [ https://www.linkedin.com/company/intelligent-computing-solutions ] [ https://twitter.com/ICSIL ] [ http://www.midwest-ix.com/ | Midwest Internet Exchange ] [ https://www.facebook.com/mdwestix ] [ https://www.linkedin.com/company/midwest-internet-exchange ] [ https://twitter.com/mdwestix ] [ http://www.thebrotherswisp.com/ | The Brothers WISP ] [ https://www.facebook.com/thebrotherswisp ] [ https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg ] From: "Nate Burke" <[email protected]> To: "AnimalFarm Microwave Users Group" <[email protected]> Sent: Friday, December 18, 2020 9:34:33 PM Subject: Re: [AFMUG] WISP Broker I just got a cold call yesterday, leaving a voicemail on almost every extension in the IVR, from a company wanting us to acquire one of their WISPS. CID came back as someone's personal name. Claimed to be from Wispbroker.com On 12/18/2020 8:42 PM, Steve Jones wrote: BQ_BEGIN You selling? On Fri, Dec 18, 2020, 7:29 PM Matt Hoppes < [ mailto:[email protected] | [email protected] ] > wrote: BQ_BEGIN Anyone in our industry that brokers sales and buys of ISPs? For anyone who has sold - how did you find your buyer? -- AF mailing list [ mailto:[email protected] | [email protected] ] [ http://af.afmug.com/mailman/listinfo/af_af.afmug.com | http://af.afmug.com/mailman/listinfo/af_af.afmug.com ] BQ_END BQ_END -- AF mailing list [email protected] http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list [email protected] http://af.afmug.com/mailman/listinfo/af_af.afmug.com BQ_END -- AF mailing list [email protected] http://af.afmug.com/mailman/listinfo/af_af.afmug.com
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