Jun 15, 2016 | Helpful Articles, Tax Code
Generally there are two methods of purchasing a corporation, buying the stock directly, or buying all the assets of the corporation. When buying the stock directly, the selling owner recognizes capital gain on the sale, and the buyer steps directly into the shoes of...
Jan 7, 2013 | Latest Tax Developments, Tax Audit Representation, Tax Code, Tax Legislation, Tax Planning and Preparation
Dear Client, The recently enacted 2012 American Taxpayer Relief Act is a sweeping tax package that includes, among many other items, permanent extension of the Bush-era tax cuts for most taxpayers, revised tax rates on ordinary and capital gain income for high-income...