Dentist Sells Practice After 30 Years – Defers Taxes Due…
The sale of a long-running business usually triggers a big tax bill, and small business owners often struggle to cover…
State and Local Tax Impacts on a Business Sale
Tax implications triggered by the sale of a business can get complicated when you add state-based…
Tax Loss Harvesting – Timing and Planning Are Key
As your financial advisor will tell you, whenever you have significant losses in a portfolio of assets, you have the…
What is Net Investment Income Tax?
As I have mentioned in past columns, the traditional capital gains tax is not the only…
Tax Plan Ahead for a Higher-Priced Business Sale
You must take a proactive and thoughtful approach to tax planning if you want to sell your business for a…
Defer Capital Gains Taxes Without a 1031 Starker Exchange
A Case Study in Capital Gains Tax Deferral Selling an appreciated asset usually triggers a large capital gains…
Control the Tax Bite When Selling Real Estate
There comes a point in time when most every commercial property owner decides they would like to sell the property,…
Act Now or Forever Pay More Taxes
The tax code is now more than 74,000 pages long, according to CCH, a respected provider of software and information…
Are You a Savvy Taxpayer or a Plucked Goose?
Tax season for most CPAs begins in January and ends April 15th. Businesses and individuals have received most of their…
Cost Segregation: A Highly Valuable Tax-Saving Tool
Cost segregation is a tax-saving tactic that segments certain components of improved property you own by “class” or type of…