The idea of paying no taxes on your capital gains is an appealing one for most small business owners and investors.
And based on current tax law, it's very possible for many. For taxpayers who are in the 10% or 15% tax brackets for ordinary income, the maximum tax they'd owe on stocks and mutual funds sold for a gain would be 0%.
The zero tax rate is especially appealing now, since many small business owners who might not have expected to qualify just might.
Originally, the 0% maximum capital gains rate was supposed to expire in 2010. However, the 0% rate was extended to last through the tax year 2011.
This is only one of MANY changes to taxes for 2011. I will be facilitating a webinar on May 17th discussing this and many other “game changers” for business owners. Our guest speaker will be Monty Walker, CPA, CBB, BCB – a renowned tax expert specializing in small businesses.
Reserve your seat: https://cc.readytalk.com/cc/schedule/display.do?udc=gp8lq3q51ukg
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