A cash flow dam is a tax saving strategy used by sole proprietors, in which they convert their personal income into business debt that is tax deductible. In a way, this strategy helps to convert bad debt into good debt, so that there is no tax liability incurred. It is also a variation of the...
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Business owners have many reasons to want to sell their business now. But before making this big decision, be sure it's really what you want and make sure you have an...