Using Your Business to Support Camp Burton

The biggest mistake you can make when selling your business is to sell first, then give a gift.

If you are considering selling your business, we can help you reduce your tax liabilities and support Camp Burton—while still providing for your financial needs.

Benefits of a Business Gift

- Receive a charitable deduction for the asset you give to charity in the year in which you give the asset

- Avoid capital gains taxation on the portion gifted to charity when the asset sells

- Give more to charity

When a business is sold it may incur significant tax consequences. Giving a portion of your business ahead of the sale can result in a major tax benefit.

For questions about gifting of a business interest and other non-cash gifts contact your financial planner or Ben Lee at In His Steps Foundation, [email protected], 330-528-1785.