TITLE

A Taxing Situation Tax Implications of Owning and Selling Agencies

AUTHOR(S)
PERSKY, JON
PUB. DATE
December 2013
SOURCE
Resources Magazine;Winter2013, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the tax issues in owning and selling insurance agencies. Among the tax issues include capital gains tax, unearned income medicare contribution tax, and built-in capital gains tax for corporation under the five or 10 year rule. The importance of tax professional and tax planning is also mentioned.
ACCESSION #
93425836

 

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