Large-dollar transactions bring large tax implications. Receiving income in one lump sum results in significant local, state, and federal and investment income taxes. Moreover, the gains on lump sum investments are also taxed at a significant rate. Why let your client just give the IRS over one-third of their income from a sale when they don’t have to? Milestone’s Wingspan non-qualified assignments (NQAs) provide custom-tailored periodic payment plans based on each individual’s personal and professional goals—with less tax burden.
A structured installment sale can transform a one-time sale into a series of installments that arrive in a bank account over time in a schedule of the individual’s choosing. Future payments are invested through a national custodian where the funds then grow tax-deferred.