If you own an accounting practice, you will likely sell or merge it within your lifetime. For many Baby Boomers, the time for such a transaction may be just around the corner. Before you are ready to transition to the next phase of your life, it will be necessary to seriously consider how the sale of your accounting practice will be financed. This is true whether you intend to sell your CPA firm to an employee, a family member, or a third party.
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