The Tax Consequences of Selling Business Property By: David M. Reape You need to be aware of the tax implications of selling property used in your trade or business. Many complex rules can potentially apply. To simplify this discussion, let’s assume […]
Tax Mechanics Involved in the Sale of Trade or Business Property By: David M. Reape What are the tax consequences of selling property used in your trade or business? There are many rules that can potentially apply to the sale of business property. Thus, to […]