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TaxWealth - Articles

Financial Health

Texas Apartment Owner Sells – Defers Taxes Due Without 1031…

The tax deferral method most investment property owners use is the 1031 exchange. This IRS code tool encourages more active management…

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Tax Benefits

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…

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Financial Health

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…

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Financial Health

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…

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Financial Health

What is Net Investment Income Tax?

As I have mentioned in past columns, the traditional capital gains tax is not the only…

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Financial Health

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…

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Tax Benefits

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…

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Financial Health

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,…

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Financial Health

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…

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Financial Health

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…

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