The figure of $1,040,000 as the sale price. The US government takes either 15% or 20% of the sale price for Capital Gains – minus the original cost of the business, due April 15, 2024, or have the Beneficial Spendthrift Trust.
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The figure of $1,040,000 as the sale price. The US government takes either 15% or 20% of the sale price for Capital Gains – minus the original cost of the business, due April 15, 2024, or have the Beneficial Spendthrift Trust.
The tax impacts of capital gains are a common concern for high net worth
individuals. There are many paths for reducing or deferring capital gains,
but not as well known are ways to eliminate capital gains tax. So how can
you eliminate such taxes?
SAVE MONEY EASILY 1099 Income Business Trust, Investments Beneficial Trust Why a Spendthrift Trust Save Federal Taxes, Complete Privacy, under contract law, Pay No Judgement when sued Why a Trust Specialized Copyrighted Trusts are specially designed for those clients who have assets and things to protect, either now or in the future, and to protect […]
Commercial Property Tax Reduction Commercial Property Tax Protection Program – the most aggressive effort possible to reduce property taxes annually is our focus. Certain appraisal districts are reasonable, and we are able to settle all or almost all accounts informally. Other appraisal districts settle a few accounts informally. These accounts are generally taken to an […]
As you’re aware, there are many different legal taxation systems in the U.S. Local, state and federal all have their share of the pie. And as business owners, we must file taxes for each of our companies as well as for ourselves as individuals. Knowing the laws in each system has its advantages: Being informed and able to navigate tax laws will enable you to optimize your taxes. The two main tax systems used by business owners are the 1040 system and the 1041 system.