References in periodicals archive ?
Clients who subdivide land or develop land as condominium units, and then sell the subdivided and developed land, normally have their entire gain taxed at high ordinary income tax rates, since the client is classified as a "dealer" selling "inventory" in the form of subdivided lots or condominiums.
Sometimes inexperienced practitioners will recommend drafting a stock-transfer agreement in a way that subjects either the buying or the selling party to unnecessary taxes.
Selling a stock should be considered for one of two reasons--either to achieve desired asset allocation or because of deterioration of a company's fundamentals.
Part I of this two-part article describes the primary forms and common objectives of buy-sell agreements; it also describes how they operate, including how they are activated, priced and funded and their effect on the selling shareholder.
Travel Guard International has been selling travel insurance since 1985.
Says Samson, "Even if the sponsor started selling tomorrow, buyers don't buy where the mortgage is coming due or there is a question of the mortgage being refinanced or there are volatile interest rates.
The Solution Selling(R) Fieldbook builds on the proven processes, principles, and management systems outlined in a previous book, The New Solution Selling.
CPAs can maximize the tax benefits for their clients through careful tax structuring of the selling entity; transferring the selling entity's assets; and properly allocating the purchase price among sold assets, intangibles and employment agreements.
Limit your losses by selling your stock when it reaches its target
Some film props sold recently on Internet auction sites run by New Line and Universal studios, along with their selling price:
Many taxpayers will benefit greatly from these changes; the tax consequences on the sale of a principal residence will be eliminated for nearly 99% of all Americans selling their homes.
3 percent to 130,659 stores, the number of convenience stores selling motor fuels grew 4.
Another danger signal is a buildup of inventory, which means the company isn't selling all the goods it's producing.
1034-1(b)(4) defines "amount realized" as the selling price (including money received, the fair market value (FMV) of any property received and the amount of liability assumed by the buyer) less selling expenses.
Companies like Compaq were selling through stores like Computerland which is now out of business.