IPFS News Link • TAXES: Federal
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IPFS News Link • TAXES: Federal
Many business owners—mostly founders who could gain a lot from a
sale—are looking to close deals before next year, when the maximum tax
on investment income is scheduled to rise from 15% currently to at least
23.8% on most capital gains, at least for higher-income households.
Many sellers intend to convert their equity into retirement funds or
just start anew.
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