"Most Americans will see their personal tax liabilities increase if the Bush tax cuts are allowed to expire completely; the 10 percent income bracket is set to disappear, for example, and the top marginal rate would increase from 35 percent to 39.6 percent.
But business owners who receive their income through capital gains distributions are also scheduled to get hit - and while there's been some speculation that marginal rates might be kept at Bush-era levels for individuals earning less than $250,000, few expect capital gains rates to remain unchanged in 2013, regardless of whether a compromise is reached."
Read more at:
Sell, sell, sell! Fiscal cliff accelerates sale of businesses in Alabama | al.com:
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.
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