With fears that we are heading for a fiscal cliff — that’s when sequestration is set to take place in the event the president and Congress fail to act — many business owners are selling out before the maximum investment tax moves from its present rate of 15 percent to at least 23.8 percent. It bears repeating — if the president is re-elected or loses to Mitt Romney, he and the Congress will have to deal with sequestration or mandatory cuts to all government spending. Read more:
Uncertainty, higher taxes looming force businesses to sell out | BrainerdDispatch.com | Brainerd, Minnesota:
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
No comments:
Post a Comment