Miguel A. Palma | Episode #59

What if the biggest risk in selling your business isn’t the deal itself, but what you didn’t plan for years before it ever happened?In this episode of the Make Life Less Taxing Podcast, Daniel Hanzelka sits down with Miguel Palma, CPA and founder of Palma Financial Services, to unpack one of the most overlooked aspects of building a successful business: the exit strategy.Miguel shares what he consistently sees with high-income business owners, years of growth, strong revenue, and then a sudden realization that a significant portion of their sale could be lost to taxes. Through real-world examples and practical insights, this conversation highlights how early planning, proper structure, and disciplined thinking can dramatically change the outcome.You’ll hear why the structure of a deal often matters more than the price, how missed planning opportunities reduce negotiating power, and why taxes should be viewed as one of the largest expenses on your financial statement, not an afterthought.💡 In This Episode, You’ll Discover:• Why most founders wait too long to think about their exit• The hidden tax impact of selling a business• How deal structure can outweigh sale price• Why entity choice shapes long-term outcomes• The importance of viewing taxes as a year-round strategy👤 About Miguel A. PalmaMiguel A. Palma is a CPA and founder of Palma Financial Services. He works with business owners and professionals to create proactive, year-round tax strategies rooted in structure, clarity, and long-term thinking.📍 Location:🌐 Website: https://mpalma.com/🔗 LinkedIn: https://www.linkedin.com/in/palmafinancialservicesinc/📸 Instagram: @mpalmafinancial📅 Booking Link: https://calendly.com/palma-financial/initial-session-with-miguel🎧 About the Make Life Less Taxing PodcastMake Life Less Taxing is a show dedicated to helping people build freedom, clarity, and purpose in every part of their financial life. No hype. No product talk. Just thoughtful conversations that help you think differently and live more intentionally.🌐 More Episodes: https://makelifelesstaxingpodcast.com📥 Be a Guest: https://makelifelesstaxingpodcast.com/apply#MakeLifeLessTaxing #TaxStrategy #ExitPlanning #BusinessOwnerLife #WealthMindset #ProactivePlanning #FinancialClarity #Entrepreneurship #LegacyBuilding