John Kielich, Managing Director, Kolb+Co. M&A Advisers
LeAnne Foster, Business Analyst, Kolb+Co. M&A Advisers
No, you did not miss an eight million dollar first-time-business-buyer tax incentive or a sales tax break. However, there currently is a window of opportunity for businesses in regard to Federal Capital Gains Tax. The current Federal Capital Gains Tax rate of 15 percent is due to sunset at the end of 2010. How high it goes starting in 2011 is anyone's guess at this time, but as discussed and illustrated in this article, even an increase to 25 percent should provide a business owner the needed "stimulus" to strongly consider a sale or partial sale in 2010.
To read the full article... click here.
Showing posts with label business sale tax. Show all posts
Showing posts with label business sale tax. Show all posts
Friday, June 11, 2010
Wednesday, May 12, 2010
Capital Gains Tax Rate change, what it can mean for businesses selling this year...
New Stimulus Package for Businesses...
By: John Kielich, Managing Director, Kolb + Co.
LeAnne Foster, Business Analyst, Kolb + Co.
No, you did not miss an eight million dollar first-time-business-buyer tax incentive or a sales tax break. However, there currently is a window of opportunity for businesses in regard to Federal Capital Gains Tax. The current Federal Capital Gains Tax rate of 15 percent is due to sunset at the end of 2010. How high it goes starting in 2011 is anyone's guess at this time, but as discussed and illustrated below, even an increase to 25 percent should provide a business owner the needed stimulus to strongly consider a sale or partial sale in 2010.
To read the rest of this article, and see an example spelled out in dollars... click here.
By: John Kielich, Managing Director, Kolb + Co.
LeAnne Foster, Business Analyst, Kolb + Co.
No, you did not miss an eight million dollar first-time-business-buyer tax incentive or a sales tax break. However, there currently is a window of opportunity for businesses in regard to Federal Capital Gains Tax. The current Federal Capital Gains Tax rate of 15 percent is due to sunset at the end of 2010. How high it goes starting in 2011 is anyone's guess at this time, but as discussed and illustrated below, even an increase to 25 percent should provide a business owner the needed stimulus to strongly consider a sale or partial sale in 2010.
To read the rest of this article, and see an example spelled out in dollars... click here.
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