If prior year tax cuts are not extended and health care reform survives the Supreme Court process, capital gain taxes may increase by as much as 58% 2013. If you are expecting a significant amount of capital gains in the near future, please call one of our offices to discuss the pros and cons of accelerating your capital gains into the year 2012 or the possibility of doing a like-kind exchange for a gain on the sale of real estate.
/posted by Billy Upchurch, CPA/ABV/CFF, CFE, CVA
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International Accounting & Tax Services
Baldwin CPAs, PLLC provides accounting and tax services to foreign corporations and individuals doing business within the United States as well as companies and individuals with activities abroad in countries such as of Japan, Canada, France, China, United Kingdom, Germany, and Mexico.
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