{"id":20024,"date":"2026-04-15T17:42:47","date_gmt":"2026-04-15T15:42:47","guid":{"rendered":"https:\/\/farewelltax.com\/filing-your-taxes-means-planning-ahead-well-before-the-lovely-month-of-may\/"},"modified":"2026-09-24T11:35:32","modified_gmt":"2026-09-24T09:35:32","slug":"filing-your-taxes-means-planning-ahead-well-before-the-lovely-month-of-may","status":"publish","type":"post","link":"https:\/\/farewelltax.com\/en\/filing-your-taxes-means-planning-ahead-well-before-the-lovely-month-of-may\/","title":{"rendered":"Filing your taxes means planning ahead\u2026 well before the lovely month of May"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20024\" class=\"elementor elementor-20024 elementor-19531\" data-elementor-post-type=\"post\">\n\t\t\t\t        <section class=\"elementor-section elementor-top-section elementor-element elementor-element-2836807 elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"2836807\" data-element_type=\"section\" data-e-type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d88c4b5 pxl-column-none pxl-column-overflow-hidden-no pxl-column-line-no\" data-id=\"d88c4b5\" data-element_type=\"column\" data-e-type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-e53cfc7 elementor-widget elementor-widget-pxl_text_editor\" data-id=\"e53cfc7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pxl_text_editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"pxl-text-editor\">\n\t<div class=\"pxl-item--inner  \" data-wow-delay=\"ms\">\n\t\t<p>What if the real question weren&#8217;t just how to properly report your income, but how to plan for the future to maximize your income and wealth?<\/p>\n<p><strong>\u279dPlanning for the transfer of one&#8217;s business is one of the key decisions an entrepreneur must make.<\/strong><\/p>\n<p>Without proper planning, your children may find themselves having to pay significant inheritance taxes on 100% of the business\u2019s value\u2026 and at a difficult time in their lives. They may then be forced to sell the family business even though they wanted to take it over, facing intense pressure from investment funds and potential buyers. And they may not necessarily be prepared to defend themselves effectively or sell the business successfully during this difficult time.  <\/p>\n<p>\u279dThe goal: to transfer ownership under favorable conditions, without jeopardizing either the business or your loved ones.<\/p>\n<p>\u279dOne of the measures to be implemented:<strong> the Dutreil Pact<\/strong><\/p>\n<p>This mechanism helps optimize the transfer of an operational business. In practice:<br \/>\u2022 A 75% deduction from the value of the business at the time of transfer<br \/>\u2022 The opportunity to involve children early on to prepare for the next generation<br \/>\u2022 A way to avoid putting pressure on one\u2019s descendants during what is often already a difficult time <\/p>\n<p>\u279d Why plan ahead?<br \/>Because a successful business succession cannot be improvised. It is built over time, with a vision that encompasses family, heritage, and entrepreneurship. <\/p>\n<p>\u279d To wait is to risk suffering.<br \/>\u279dPlanning ahead means protecting your business\u2026 and those who will keep it going tomorrow.<\/p>\n<p>FareWell is here to help you develop a strategy for transferring ownership of your business.<\/p>\n\t\t\n\t<\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>What if the real question weren&#8217;t just how to properly report your income, but how to plan for the future to maximize your income and wealth? \u279dPlanning for the transfer of one&#8217;s business is one of the key decisions an entrepreneur must make. Without proper planning, your children may find themselves having to pay significant [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":20026,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rs_blank_template":"","rs_page_bg_color":"","slide_template_v7":"","footnotes":""},"categories":[95],"tags":[],"class_list":["post-20024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth-taxation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Filing your taxes means planning ahead\u2026 well before the lovely month of May - FareWell Tax<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/farewelltax.com\/en\/filing-your-taxes-means-planning-ahead-well-before-the-lovely-month-of-may\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Filing your taxes means planning ahead\u2026 well before the lovely month of May - FareWell Tax\" \/>\n<meta property=\"og:description\" content=\"What if the real question weren&#8217;t just how to properly report your income, but how to plan for the future to maximize your income and wealth? \u279dPlanning for the transfer of one&#8217;s business is one of the key decisions an entrepreneur must make. 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