Capital gains taxes apply to the sale of capital assets for profit (especially businesses and real estate) and can gobble up a massive amount of your asset once you sell it. When you work your whole life to build the business and then have to pay as much as 30% or more of your profits right away to uncle Sam, you can feel cheated. The capital gains tax rate is 15% or 20% on most assets. Capital gains taxes on assets held for a year or less correspond to ordinary income tax brackets: 10%, 12%, 22%, 24%, 32%, 35% or 37%.
If you are planning to sell your business or real estate any time soon, you need to partner with us on your exit strategy. We work with the biggest and best brokers in the world AND we can ensure that you are able to shelter (not pay) as much as 92% of the taxes that would normally be owed to Uncle Sam. The best part is with us you will not need to buy another property or use the 1031 exchange to save that tax and therefore it increases your income and profitability over the course of the sale and beyond. Try that with your CPA…..Contact us now for more information or call us directly at 727-580-5876
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