Archive for September 2020
If you are a business owner who is thinking about selling your business or property in a few years, then you need to know this. Why are so many landowners reluctant to sell their properties? Because they have to pay capital gains tax, along with depreciation recapture tax. This decreases your cash flow and will…Read More
What is a Roth Conversion?
To understand what a Roth conversion is, you must first understand some of the basics about the different types of retirement accounts, called “qualified accounts.” Also called defined-benefit plans, pensions are paid for by employers. They have largely gone away for Americans in the private sector starting with the passage of three laws during the…Read More